Sebi proposes to widen definition of relatives in insider trading rules

The Securities and Exchange Board of India (Sebi) suggested expanding insider trading rules to include more relatives as ‘connected persons.’ The new definition aims to encompass a wide range of family members who might have access to sensitive information, thereby tightening regulations and preventing insider trading activities. The Securities and Exchange Board of India (Sebi) suggested expanding insider trading rules to include more relatives as ‘connected persons.’ The new definition aims to encompass a wide range of family members who might have access to sensitive information, thereby tightening regulations and preventing insider trading activities.  Economic Times