SEBI (Prohibition of Fraudulent & Unfair Trade Practices relating to Securities Market) (Amendment) Regulations 2022
The Securities and Exchange Board of India has notified the Securities and Exchange Board of India (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) (Amendment) Regulations, 2022 to further amend the SEBI (Prohibition of Fraudulent and Unfair Trade Practices relating to Securities Market) Regulations, 2003
Dealing in securities shall be deemed to be a manipulative fraudulent or an unfair trade practice if it involves disseminating information or advice through any media, whether physical or digital, which the disseminator knows to be false or misleading in a reckless or careless manner and which is designed to, or likely to influence the decision of investors dealing in securities. The words “reckless or careless manner” has been added in the Regulation 4(2)(k).
Further, in Regulation 6 relating to the power of the Investigating Authority, the following new powers has been added:
Read Full Notification Click Here >>
- ICAI re-Opens of Online Filling of Exam Application Form for November 2024 CA Exams
- Addition on account of travelling expenses to Pakistan-ITAT remands case for verification
- Monthly salary of Chairperson and full time members of NFRA increased
- ICSI announces two new cash Prize Awards for students from June 2025 examination
- National Savings Scheme 1987 and NSS 1992 shall bear no interest w.e.f. 01.10.2024