Insider Trading: An Analysis of The SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2020

• Author(s): Dr. S. SETHURAM
• Paper ID: 1702467
• Page: 92-94
• Published Date: 26-08-2020
• Published In: Iconic Research And Engineering Journals
• Publisher: IRE Journals
• e-ISSN: 2456-8880
• Volume/Issue: Volume 4 Issue 2 August-2020

Abstract

Insider trading involves trading in a public Company’s stock by someone who has non-public, material information about that stock for any reason. The Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 was notified to put in place a framework for prohibition of insider trading in securities and to strengthen the legal framework thereof. Amendments to the regulations have been made from time to time. The latest amendment has been made through the Securities and Exchange Board of India (Prohibition of Insider Trading) (Amendment) Regulations, 2020. The amendments pertain to maintenance of a Structured Digital Database, Continual Disclosures, Minimum Standards for Code of Conduct for Listed Companies and the Minimum Standards for Code of Conduct for Intermediaries and Fiduciaries. The article discusses the amendments and its implications.

Keywords

insider, regulations, securities, trading

Citations

IRE Journals:
Dr. S. SETHURAM "Insider Trading: An Analysis of The SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2020" Iconic Research And Engineering Journals Volume 4 Issue 2 2020 Page 92-94

IEEE:
Dr. S. SETHURAM "Insider Trading: An Analysis of The SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2020" Iconic Research And Engineering Journals, 4(2)