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Sebi board approves amendments to prohibition of insider trading rules

Amendments include maintaining a structured digital database containing nature of unpublished price sensitive information and names of persons who have shared the information

Sebi
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Sebi also approved amendments to the Settlement Regulations

BS Web Team
The board of the Securities and Exchange Board of India (Sebi) met on Thursday in Mumbai via video conferencing. The Sebi board decided to amend the prohibition of insider trading rules. The board also approved temporary relaxation of regulations relating to raising of capital from securities market.

According to the press release, "The Board considered and approved amendments to SEBI (Prohibition of Insider Trading) Regulations, 2015. The amendments include maintaining a structured digital database containing nature of unpublished price sensitive information and the names of persons who have shared the information; automation of process of filing disclosures to stock exchanges, restriction

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First Published: Jun 25 2020 | 4:32 PM IST

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