Unverified Media Reports to Be Excluded From Purview of ‘Generally Available Information’ Under Insider Norms | SEBI
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- Last Updated on 20 May, 2024
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Notification No. SEBI/LAD-NRO/GN/2024/181; Dated: 17.05.2024
SEBI has notified the SEBI (Prohibition of Insider Trading) (Amendment) Regulations, 2024. An amendment has been made to Regulation 2(1)(e). The definition of ‘generally available information has been broadened. The term ‘generally available information’ means information that is accessible to the public on a non-discriminatory basis and shall not include unverified events or information reported in print or electronic media. The amended norms are effective from 17.05.2024.
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