SEBI sets up panel to curb insider trading
Market regulator Securities and Exchange Board of India (SEBI) said on Tuesday it set up a committee to suggest measures to improve market surveillance and help prevent insider trading and market manipulation.
The move comes at a time when the regulator is probing instances of unfair trade practices, including one at National Stock Exchange.
The Committee on Fair Market Conduct - led by the government`s former law secretary T.K. Viswanathan - includes members from law firms, forensic auditing firms, stock exchanges, data analytics firms and SEBI, the regulator said in a statement.
The committee is expected to submit its report within four months, SEBI added.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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