insider trading
This query is : Resolved
Guest
Guest
(Querist)
13 April 2011
can anyone plz explain the meaning of insider trading?
14 April 2011
Insider Trading is an act of dealing in securities of the Company by an insider while in possession of unpublished price sensitive information in relation to a Company.
As per SEBI (Prohibition of Insider Trading) Regulations, 1992:
Dealing means subscribing, buying or selling or agreeing to subscribe, buy or sell the securities of a body corporate either as a principal or agent.
Insider means a person:
a) who is or has been connected with the Company or is deemed to be connceted with the Company and may be reasonably be expected to have access to unpublished price sensitive information, or
b) has received or has had access to unpublished price sensitive information.
For understanding the meaning of ' Connected Person' pls. read the said regulations.
Price Sensitive information means the information which directly or indirectly relates to a body corporate and when published is likey to materially affect the price of the securities of body corporate.
Unpublished information is the information which is not published by the Company or its agents and is not specific in nature. Speculative reports in print or electronic media is not termed as published information.
God Bless
CS Udit Sharma
As per SEBI (Prohibition of Insider Trading) Regulations, 1992:
Dealing means subscribing, buying or selling or agreeing to subscribe, buy or sell the securities of a body corporate either as a principal or agent.
Insider means a person:
a) who is or has been connected with the Company or is deemed to be connceted with the Company and may be reasonably be expected to have access to unpublished price sensitive information, or
b) has received or has had access to unpublished price sensitive information.
For understanding the meaning of ' Connected Person' pls. read the said regulations.
Price Sensitive information means the information which directly or indirectly relates to a body corporate and when published is likey to materially affect the price of the securities of body corporate.
Unpublished information is the information which is not published by the Company or its agents and is not specific in nature. Speculative reports in print or electronic media is not termed as published information.
God Bless
CS Udit Sharma
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Building and other construction workers welfare cess act 1996
- Eway bill for machinery reparing
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Bank Accounts in Balance Sheet for ITR 3
- Gift of mutual fund units to daughter
- Annual return of gst limit
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Reporting of STCG on Property in ITR
- Error while filling exam form November 2026
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
