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<h1>SEBI Amends Insider Trading Rules: Rewards for Informants Now Possible Under Regulation 7D, Effective Immediately.</h1> The Securities and Exchange Board of India (SEBI) issued the Second Amendment to the Prohibition of Insider Trading Regulations, 2021, effective from its publication date. Key changes include modifications to regulation 7D, which now allows SEBI to grant rewards for information leading to monetary sanctions. If the reward is less than or equal to one crore rupees, it can be granted upon the final order. For rewards exceeding one crore, an interim reward up to one crore may be granted, with the remainder payable upon recovery of twice the balance reward amount. An illustrative table outlines the reward structure.