Price Sensitive Information

US army soldier pleads guilty to vending sensitive military information

An army soldier has pleaded guilty to charges that accuse him of selling sensitive information related to US military capabilities, including dozens of documents addressing topics ranging from rocket systems to Chinese military tactics. Sgt Korbein Schultz, who was also an intelligence analyst, entered the guilty plea Tuesday in federal court in Nashville. He had previously pleaded not guilty, then last month requested a hearing to change his plea. In total, Shultz received at least 14 payments totaling $42,000, prosecutors have said. Schultz was accused in a six-count indictment of charges including conspiring to obtain and disclose military defense information and bribery of a public official. The 24-year-old was arrested in March at Fort Campbell, which straddles the Tennessee-Kentucky line, shortly after the indictment was released. He pleaded guilty to all charges against him and will be sentenced on Jan 23, 2025. A federal public defender representing Schultz declined to comm

Sebi considers bringing MF transactions under insider trading ambit

The market regulator had sought public comments on whether the PIT Regulations need to be amended to also cover the MF industry.

Varun Beverages' Jaipuria settles case with Sebi after paying Rs 56 lakh

"This settlement order disposes of the aforesaid adjudication proceedings initiated against the applicant viz. Ravi Kant Jaipuria vide SCN... dated December 21, 2021," Sebi said in its order.

Sebi imposes Rs 30 lakh fine on RIL and two of its compliance officers

Sebi said Reliance did not disclose the deal even after newspaper reports in March 2020 published price-sensitive details about the Facebook investment that led to a spike in RIL shares

Sebi comes out with new mechanism to reward whistleblowers, informants

Insider trading refers to trading of securities while in possession of Unpublished Price Sensitive Information (UPSI) about the particular securities