SEBI Bars Immediate Family of Insiders From Trading During Window Closure Period [Read Circular]

SEBI bars immediate relatives of company insiders from trading during window closure periods to tighten insider trading controls and ensure market fairness
SEBI - SEBI Bars - Family of Insiders - Family - taxscan

The Securities and Exchange Board of India (SEBI) has announced new rules to stop the immediate family members of company insiders from buying or selling shares during sensitive periods when financial results are about to be declared. This rule is meant to prevent the misuse of unpublished price-sensitive information (UPSI) and make the stock market…

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