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Securities and Exchange Board of India (Prohibition of Insider Trading) (Second Amendment) Regulations, 2021
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....COND AMENDMENT) REGULATIONS, 2021 No. SEBI/LAD-NRO/GN/2021/37.-In exercise of the powers conferred under section 30 read with clause (g) of sub-section (2) of section 11 and clauses (d) and (e) of section 12A of the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Board hereby makes the following regulations to amend the Securities and Exchange Board of India (Prohibition of I....
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....tituted with the words "ten crores"; (iii) the second proviso shall be omitted; (b) after sub-regulation (1), a new sub-regulation (1A) shall be inserted, namely, - "(1A) If the total reward payable is less than or equal to Rupees One Crore, the Board may grant the said reward upon the issuance of the final order by the Board: Provided that in case the total rew....
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.... Total Reward Payable = 10% of Monetary Sanctions subject to maximum of Rs. 10.0 crores. 10.00 2.00 1.00 0.50 0.10 C. Maximum Amount Payable as Interim Reward (on the issuance of final order by the Board against the person directed to disgorge) = Total Reward Payable (B) or Rs. 1.00 Crore, whichever is less. 1.00 1.00 D. Balan....
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....n of Insider Trading) Regulations, 2015 was published in the Gazette of India on January 15, 2015 vide No. LAD-NRO/GN/2014-15/21/85. 2. The Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 was subsequently amended on, - i. December 31, 2018 by the Securities and Exchange Board of India (Prohibition of Insider Trading) (Amendment) Regulations, 20....