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Case Code: FINC169
Case Length: 9 Pages
Period: 2015-2020
Pub Date: 2020
Teaching Note: Available
Price:Rs.200
Organization : Securities and Exchange Board of India
Industry :Financial Services
Countries : India
Themes: Capital Markets & Investments / Regulatory Environment
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SEBI and its Role in Prohibiting Insider Trading

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INTRODUCTION

 
In October 2019, Indian capital market regulator the Securities and Exchange Board of India (SEBI) declared that the code of conduct under the insider trading norms was applicable not only to persons designated by the board of a company but also to the promoters. It said, “The Prohibition of Insider Trading (PIT) regulations identify promoters as designated persons. Hence a person identified as a promoter is required to comply with the code of conduct requirements as required by other designated persons” ...

 

 
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