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Sebi to realign UPSI definition with material events to curb insider trading

Published: May 30, 2023

The regulations not only prohibit trading, while in possession of UPSI, but also prohibit communication about UPSI to outsiders unless required for legitimate purposes on a ‘need-to-know’ basis.

Source: livemint.com

Related Topics:

Committee Of The Fair MarketChinese WallListing ObligationsDisclosure RequirementsListing RegulationsFair Market ConductInsider TradingRegulatory MechanismProhibitive PenaltiesSecurities And Exchange Board Of IndiaUnpublished Price Sensitive Information