The High Level Committee formed to review the SEBI (Prohibition of Insider Trading) Regulations, 1992, has published its report: see here (pdf). Views are sought on proposed changes to the legal framework governing the prohibition of insider trading, including widening the definition of 'insider'. An overview of the proposed changes is available here.
Friday, 13 December 2013
India: Insider trading law - proposed reforms published for consultation
The High Level Committee formed to review the SEBI (Prohibition of Insider Trading) Regulations, 1992, has published its report: see here (pdf). Views are sought on proposed changes to the legal framework governing the prohibition of insider trading, including widening the definition of 'insider'. An overview of the proposed changes is available here.
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