Insider trading laws ka focus simple hai: jiske paas company ke bare me unpublished price sensitive information (UPSI) hai, wo market me chori se advantage nahi le sakta.
UPSI examples:
- Upcoming big merger/acquisition,
- Major profit/loss results,
- Big litigation outcome,
- Significant regulatory sanction,
- Bonus, buyback, large orders.
Jab tak yeh info public nahi ho jata, tab tak insiders – directors, employees, consultants, auditors – aur unke “connected persons” ko shares buy/sell karne pe restrictions hoti hain. Trading window closures, pre-clearance, and reporting obligations isi liye hote hain.
Regulator suspicious patterns detect karke investigations karta hai – announcement ke pehle sudden volumes, linked accounts, phone records, etc.
Insiders ke liye easy rule: agar aap soch rahe ho “agar yeh news bahar aayi to price definitely hilega”, to tab trade karna usualy bad idea hai.
Legal information notice: This content is for general informational purposes and does not replace advice from a qualified legal professional.
