Sebi to tighten conflict-of-interest and insider trading norms for top officials

A Sebi-formed committee has proposed classifying the Sebi chairman and whole-time members as 'insiders' under insider trading rules. This move aims to prevent them from trading on price-sensitive information, aligning Sebi with global regulatory practices and addressing past conflict-of-interest concerns.

from Economic Times https://ift.tt/ZtbiFYd