
Taxmann Professionals
February 14, 2025 at 06:29 AM
*Taxmann's Analysis | Tighter Insider Trading Rules – SEBI Plans to Automate Trading Restrictions*
SEBI has proposed a crucial enhancement to insider trading regulations by extending automated trading window closures to the immediate relatives of designated persons (DPs) in listed companies. This move builds on the existing framework, which previously applied only to DPs, aiming to streamline compliance, reduce the risk of accidental violations, and enhance transparency. This article explores several key focus areas, including:
‣ Meaning of Trading Window Closure
‣ Existing Framework for Designated Persons
‣ Need for Extension to Immediate Relatives
‣ Process for Implementation of Automated Trading Window Closure System
‣ Benefits of Automation in Trading Window Closure
‣ Challenges in Implementing the Automated Trading Window Closure System
Download/Read More: https://taxmann.social/baIwp [6 Mins | Read Time]
Authored by CS Rachit Sharma – Sr. Manager & CS Parth Chourikar – Associate | Taxmann's Advisory & Research Team [Corporate Laws]
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