Cracking down on insider trading is such an uphill task that SEBI almost always comes short. The number of insider trading convictions that have stood up to scrutiny before the Appellate Tribunal is negligible
The Securities and Exchange Board of India (Sebi), in its order, has imposed a penalty of Rs 15.15 crore each on PVP Global Ventures (formerly known as PVP Energy) and Potluri
New Insider Trading Regulations: Are You Guilty?
The SEBI board has streamlined delisting norms by saying that a delisting is successful if 25 percent of public stake is tendered.
Sebi will soon put in place a new set of norms to deal with insider trading menace, which would clearly demarcate 'innocent mistakes' from serious violations committed by top corporate executives and other connected entities while trading in shares of listed companies.