SEBI sets up panel to curb insider trading
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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