Sebi for stronger action in insider trading cases

The Securities and Exchange Board of India (Sebi) is mulling ways for more stringent enforcement in cases of high-profile and glaring violations of insider trading norms. A revision of the nearly two-decade old set of insider trading regulations is underway and the new norms are expected to be put in place in about a month, after clearance from the Sebi board, an official said. At the same time, efforts are being made to comply with a principle of dealing more stringently with glaring violations and high-profile cases, he added.