HomeNewsOpinionSEBI’s new provision against spreading misinformation will have chilling effect

SEBI’s new provision against spreading misinformation will have chilling effect

Jayant Thakur • March 10, 2022 / 10:32 IST

The intention of the new law is to curb spread of misinformation by market manipulators, particularly those indulging in what is termed as ‘pump and dump’ practice. But the wording of the revised clause is so wide that it has the prospect of even stifling genuine discussions, analysis and possibly even casual recommendations amongst friends

Representative Image: Reuters

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