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What is insider trading?
Who is an insider?
What is UPSI?
Penalty for insider trading
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either on his own or on behalf of any other person, deals in securities of a corporate listed on the stock exchange on the basis of any unpublished price-sensitive information; or
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communicates any unpublished information to any person, with or without his permission for that particular information except as required in the ordinary course of business or under any law; or
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procures for any other entity to deal in any securities of a corporate on the basis of unpublished price-sensitive information,
Latest Updates on Insider Trading
TBS said the relative used the information to make at least several hundreds of thousands of yen worth of profit from equity trading
Rashmi Saluja faces calls for removal ahead of key shareholders' meeting amid insider trading allegations and ED investigation
Sebi board meeting today, Sept 30, will be the first meeting since allegations were pressed against Sebi Chairperson Madhabi Puri Buch by Hindenburg Research. Here's what to expect from the meeting
According to the indictment from the US Attorney's Office for the Southern District of Florida, the four defendants shared confidential information within a close circle of family and friends
The case originated after Sebi identified suspicious trading patterns around the financial results announcements of Infosys for four quarters, covering from December 2019 to September 2020
The directives came after the three persons filed applications with Sebi proposing to settle the instant proceedings initiated against them
This came in the wake of Sebi's passing two orders regarding front-running cases involving Axis AMC and Life Insurance Corporation of India (LIC)
The market regulator has suggested changes in the definition of "connected persons" and "relative" to address any gaps in the norms and possible violations
Matter pertains to 2020-21 when IT major entered into a partnership with global asset manager Vanguard
Lewis said he hoped to make amends and to rebuild the trust that I have squandered for the remainder of his life
Agreement will have the two companies work together in 'creating market awareness'
Sharad Pawar's nephew has been asked to pay penalty within 45 days for violating norms in Poonawalla Fincorp (earlier Magma Fincorp) case
SAT on Wednesday quashed regulator Sebi's order banning Future Retail chairperson Kishore Biyani and some other promoters from the securities market for one year in an insider trading case.
The regulator slapped a fine of Rs 20 lakh on Jaisingh Sudhirkumar Choudhary, Rs 15 lakh on Menal Rasesh Parikh and Rs 10 lakh each on Himanshu K Desai, Anirudh R Parikh and Sudhirkumar Choudhary
The settlement order came after the applicant, Debashis Ghosh, proposed to settle the instant proceedings initiated against him "without admitting or denying the findings of facts and conclusions"
Lewis faces more than a dozen counts of securities fraud for alleged brazen conduct that spanned about eight years
In a parallel action, the US Attorney's Office for the Southern District of New York also announced criminal charges against the duo
The six entities had filed the settlement applications under the provisions of Sebi (Settlement proceedings) rules in respect of the alleged violation of norms, according to a Sebi order
Four entities settled with capital markets regulator Sebi a case pertaining to alleged insider trading in the shares of Poonawalla Fincorp Ltd, earlier known as Magma Fincorp Ltd
This came after Goenka proposed to the Securities and Exchange Board of India (Sebi) to settle the proceedings "without admitting or denying the findings" through a settlement order