CHANGES TO INSIDER TRADING LAW: NEW INFORMANT POLICY

Published On: 22/10/2019

Authors:

Pallavi Kanakagiri
On September 17, 2019, the Securities and Exchange Board of India notified the amendments to the insider trading regime by notifying the SEBI (Prohibition of Insider Trading) (Third Amendment) Regulations, 2019 to encourage individuals to inform SEBI about violations of insider trading laws and also aims to reward such persons. These new regulations substantially amend the principle Prohibition of Insider Trading Regulations, 2015. INDUSLAW’s Pallavi Kanakagiri and Nabarun Chandra Ray discuss the key features of the amendments.