SEBI Notifies Industry Standards on Verification of Market Rumours

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SEBI verification for market rumors

Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/52, Dated: 21.05.2024

The Industry Standards Forum, comprising representatives from three industry associations, ASSOCHAM, CII, and FICCI, has formulated industry standards in consultation with SEBI. The purpose is to effectively implement the requirement to verify market rumours under Regulation 30(11) of the SEBI (LODR) Regulations, 2015. The industry associations that are part of ISF (ASSOCHAM, FICCI, and CII) and the stock exchanges must publish the industry standards note on their websites.

Click Here To Read The Full Circular

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