The Securities and Exchange Board of India (Sebi) has notified the expansion of the definition of "connected persons" who have access to price-sensitive information, with effect from December 5.
Bringing in more people under the scanner, the regulator has included relatives, related firms or partners and people living in the same household or residence as the person involved, to be a part of 'deemed connected persons'.
Sebi has changed 'immediate relative' to 'relative', which now includes spouse, parents (including in-laws), brothers and sisters (and their spouses), and children (and their spouses) of the person involved.
Esta historia es de la edición December 12, 2024 de Financial Express Kochi.
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Esta historia es de la edición December 12, 2024 de Financial Express Kochi.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
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