Sebi proposes to widen definition of relatives in insider trading rules

Sebi proposes to widen definition of relatives in insider trading rules

Mumbai: The Securities and Exchange Board of India (Sebi) has proposed to expand the definition of relatives under insider trading rules. The regulator has proposed to substitute immediate relative with relative to cover a wider group of family members. It said relatives of a connected person would mean spouse, siblings, siblings of spouse, siblings of … Read more

NSE tracks insider trading rules compliance

NSE tracks insider trading rules compliance

Mumbai: A move is on to scrutinise whether large and actively traded companies are falling in line with the rules to curb insider trading, one of the scourges of the Indian stock market. About a week ago, the country’s largest bourse, National Stock Exchange (NSE) shared a compliance certificate format with many companies which have … Read more