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 >>
- Karnataka Apex Bank invites application for empanelment as Concurrent Auditors
- CBDT widens TCS net on sale of ten high priced goods – Read Notification
- All banks to migrate their existing domains to ‘.bank.in’ latest by 31.10.2025
- ITR filed after death can not be ignored for compensation under Motor Vehicles Act
- CBIC tweaks Guidelines in view of “Certificate of Origin” replaced by “Proof of Origin”