Contravention of the Insider Trading Regulations is dealt with by whom?
ASEBI under its Act
BThe exchange alone
CThe company secretary
DCompany registrar
Answer & Solution
Correct answer: A. SEBI under its Act
Regulation 10 says any contravention is dealt with by the Board in accordance with the SEBI Act.
Keep practising SEBI Takeover and Insider Trading Regulations
Browse all SEBI Takeover and Insider Trading Regulations questions for CA Final, or explore more Law topics.
Related questions
A pre-cleared trade must be executed within how many trading days at most?The fair disclosure principles call for designating which senior officer?Which Schedule sets out the principles of fair disclosure for the code of practices?The audit committee reviews insider trading compliance at least how often?Designated persons include the CEO and employees up to how many levels below?The company must maintain trading disclosures for a minimum of how long?A listed company may seek disclosures from other connected persons at whose option?The trading value that triggers Regulation 7(2) disclosure in a calendar quarter is above