Trading when in possession of material non-public information

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....y other person to trade in securities that are listed or proposed to be listed, when in possession of material non-public information. (2) Where a person has traded in securities while being in possession of material non-public information, it shall be presumed that such trade(s) were executed on the basis of such information possessed by him. (3) Where a person has traded in securities whil....

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....gation; (d) the transaction was undertaken pursuant to the exercise of stock options in respect of which the exercise price was pre-determined in compliance with the applicable laws; (e) in the case of non-individual insiders,- (i) the individuals who were in possession of such material non-public information were different from the individuals taking trading decisions a....