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Sebi
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Nebody knows about the Sebi's latest Announce .....?CNBC-TV18 has learnt from sources that Sebi is likely to propose shortswing rule in India. The move restricts company insiders from making short-termprofit at the company’s expense.It is a move that could potentially have a big impact on promoters of listed companies. Market regulator Sebi is proposing to put in place a new rule-theshort swing rule- in India. This is similar to one that exists in the USA.The rule prevents company insiders, who have greater access to materialinformation, from taking advantage of the information to make short-term profits.So, Sebi proposes that company insiders buying and selling their company's stock within
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