Insider trading refers to trading of securities while in possession of Unpublished Price Sensitive Information (UPSI) about the particular securities
Accordingly, she filed a settlement application without admitting or denying the default and remitted Rs 3,01,758 in September 2019.
In July 2014, Sebi had barred Rajan after finding him guilty of trading in shares on the basis of unpublished price sensitive information
Noting that this position is based on the information furnished, Sebi said, "different facts or conditions might lead to a different interpretation"
Under the scheme, the monetary reward will be 10% of the amount disgorged by the wrongdoer or Rs 1 crore, whichever is lower
The Sebi regulation seeks to curb insider trading to protect the interest of investors at large
Hairharan was also a non-executive non-independent director of NSEL from 2005 to December 2011
Gannamaneni has agreed to settle the SEC's case against him
The NCA is investigating whether a government translator with access to wiretap recordings tipped off the target of an insider-trading investigation
Securities lending and borrowing (SLB) allows short sellers to borrow securities for making deliveries
This comes in the wake of matters being probed by Sebi such as the WhatsApp earnings leak case
A Sebi report on insider trading norms proposes people disclose details of those sharing same residential address to their companies
India has not had a strong compliance mechanism around insider trading, historically
This new technology presents a challenge but the problem of insider trading is hardly new. The regulator must rise to this new challenge if it is to maintain its reputation for efficiency.
He worked as a vice president and risk management specialist for a Manhattan-based investment bank
Following Tata events, boards are adopting a cautious approach to avoid insider-trading norms violation
The regulator finds that entities failed to handle the price-sensitive information related to sale of its domestic health care business to Abbott
While the market regulator's recent note on portfolio management schemes has kicked up a storm, that is not the only pain point for businesses
Sebi responds to a clarification sought by HDFC Bank, citing regulation on the matter