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HomeNewsOpinionSEBI seeks to widen price-sensitive net for insider trading

SEBI seeks to widen price-sensitive net for insider trading

A 2018 change to securities law meant companies could classify information as material but not price-sensitive. SEBI wants to plug that gap

May 30, 2023 / 10:06 IST
the proposal of SEBI to enlarge substantially the list of deemed UPSI seems to be a reasonable step, particularly since the list would otherwise be already narrowed due to minimum quantitative benchmarks being laid down
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