Nifty Trader - V2R Ventures
February 7, 2025 at 02:58 PM
*SEBI Proposes Trading Window Closure for Immediate Relatives*
SEBI has proposed extending the automatic trading window closure to immediate relatives of designated persons during financial result announcements.
Currently, this restriction applies only to designated persons (DPs). The proposal aligns with PIT Regulations, which define "immediate relatives" as spouses, parents, siblings, or children financially dependent on or consulting the DP for trading decisions.
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📉 Should SEBI’s proposal to extend trading restrictions to immediate relatives help curb insider trading?
👍 Yes
👎 No
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