SEBI plans to restrict trading by relatives of key company personnel before financial results to curb insider trading.

The Securities and Exchange Board of India (SEBI) plans to extend an automated trading window closure to the immediate relatives of key personnel in listed companies before financial results are announced. This move aims to prevent unintentional violations of insider trading rules. The proposal follows a successful pilot with key personnel and is open for public comment until February 28. The trading window will close until 48 hours after financial results are announced.

2 months ago
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