SEBI Proposes a Review of the UPSI Definition Under Insider Trading Norms to Align with LODR Norms
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- Last Updated on 12 November, 2024
Consultation Paper; Dated: 09.11.2024
SEBI has released a consultation paper on the proposed review of the definition of ‘Unpublished Price Sensitive Information’ (UPSI) under SEBI (Prohibition of Insider Trading) Regulations, 2015. The objective is to seek public comments on the proposed amendment to the definition of UPSI to bring greater clarity & uniformity of compliance in the ecosystem. The proposal aims to align the definition of UPSI in PIT Regulations with events from Para A and B of Part A of Schedule III as defined under LODR norms.
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