News > Sebi Proposes Insider Trading Rules Applicability In Mutual Fund Dealings

Sebi Proposes Insider Trading Rules Applicability In Mutual Fund Dealings

Capital markets regulator Sebi on Friday proposed the applicability of insider trading rules to dealing in mutual fund units to initiate serious enforcement actions against those who misuse the sensitive non-public information pertaining to such investment products.

At present, insider trading rules are applicable to dealing in securities of listed companies or proposed to be listed, when in possession of unpublished price-sensitive information 'UPSI'.