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SEBI formed Committee to review Insider Trading Law , solicits suggestions from public

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High Level Committee to review the SEBI (Prohibition of Insider Trading)Regulations, 1992 solicits inputs / suggestions from public

PR No. 39/2013

Securities and Exchange Board of India (SEBI) has constituted a High Level Committee to review the SEBI (Prohibition of Insider trading) Regulations, 1992 (PIT Regulations) and to suggest suitable recommendations for amendments as it considers necessary.

The first meeting of the High Level Committee to review PIT Regulations was held on April 12, 2013. As part of a consultative process in the exercise of reviewing this significant piece of legislation, the High Level Committee has decided to seek inputs and suggestions from the public, at the outset, on any aspect of the PIT Regulations, which in their opinion may merit a review.

A Format for the purpose is available on the website (www.sebi.gov.in) under the section “Reports for Public Comments”.

Mumbai

April 16, 2013

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