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SEBI proposes to expand the definition of 'connected persons' in insider trading

SEBI proposes to expand the definition of 'connected persons' in insider trading

Jul 31, 2024, at 03:31 am

Mumbai: Capital markets regulator Securities and Exchange Board of India (SEBI) has issued a consultation paper proposing to expand the scope of insider trading regulations to include more individuals, even those who may have unofficial connections with company officials who possess price-sensitive information, media reports said.