SEBI rolls out Consultation Paper on applicability of SEBI (Prohibition of Insider Trading), Regulations, 2015 to Mutual Fund units; invites comments till 29th July, 2022

The Securities and Exchange Board of India has rolled out a Consultation Paper on applicability of SEBI (Prohibition of Insider Trading), Regulations, 2015 (“PIT Regulations”) to Mutual Fund units. The objective of this consultation paper is to invite views on the proposal to cover dealing in units of Mutual Funds under the PIT Regulations in order to harmonize the regulations governing trading in securities while in possession of Unpublished Price Sensitive Information (UPSI).

The public comments must be shared by July 29, 2022. –

1. By way of e-mail – on pit-mf@sebi.gov.in. Subject of the communication must be as “Comments on Consultation Paper on inclusion of Mutual Fund Units in PIT Regulations”
2. Through post to the following address:
Manaswini Mahapatra,
General Manager,
Investment Management Department
Securities and Exchange Board of India,
SEBI Bhavan, C4-A, G-Block,
Bandra Kurla Complex, Bandra(East),Mumbai 400051

Format in which comments may be shared:

 

Name of the person/entity proposing comments:

Name of the organization (if applicable):

Contact details:

Sr. No. Para of consultation paper/proposed amendment Suggestions/Comments Rationale
       

 

Name of the person/entity proposing comments:
Sr. No. Other Issues Suggestions/Comments Rationale
       

 

 

Source: Securities and Exchange Board of India


Request for Demo