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India rules on insider trading toughened
Published Thu, Nov 20, 2014 · 09:50 PM
Mumbai
INDIA'S securities regulator on Wednesday approved new rules on insider trading that will replace a two-decade old law as part of efforts to boost investor confidence in markets.
The rules, which are based on recommendations first revealed late last year, broaden the scope of who can be held liable for insider trading violations and require company officials to be more transparent about their trading activities.
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