News & Media 13th Dec 2024
The Securities and Exchange Board of India (SEBI) has notified the expansion of the definition of “connected persons”, who have access to price-sensitive information. Bringing in more people under the scanner, the regulator has included relatives, related firms or partners and people living in the same household or residence as the person involved, to be a part of ‘deemed connected persons.’
Financial Express (India)’s Akshata Gorde talks to our Counsel K.C. Jacob in the recent story “SEBI expands insider trading net” for his views on the notification.
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