Sebi looks to ease trading norms for company insiders

Sebi looks to ease trading norms for company insiders

The Securities and Exchange Board of India(Sebi) has proposed to ease insider trading norms for senior management to trade in company shares. At present, key managerial personnel or insiders are allowed to trade, provided they are not in possession of unpublished price sensitive information(UPSI). The regulator said key managerial personnel (KMP) have a very small … Read more