Sep 30, 2022

SEBI Proposes Electronic Framework to Restrict Trading by Designated Persons During Trading Window Closure Period

By way of a Circular dated August 5, 2022 (‘Circular’), SEBI has proposed an electronic framework to restrict trading by a designated person during the trading window closure period by freezing their permanent account number at security level. The detailed mechanism is set out in the Circular and this will come into effect from September 30, 2022.




These are the views and opinions of the author(s) and do not necessarily reflect the views of the Firm. This article is intended for general information only and does not constitute legal or other advice and you acknowledge that there is no relationship (implied, legal or fiduciary) between you and the author/AZB. AZB does not claim that the article's content or information is accurate, correct or complete, and disclaims all liability for any loss or damage caused through error or omission.