labels: investment - general
Bid to curb insider tradingnews
Our Markets Bureau
02 December 2003

Jaswant SinghNew Delhi: Indian Finance Minister Jaswant Singh has said that his government will take "all necessary steps" to curb insider trading.

Addressing the Parliamentary Consultative Committee of his ministry here, Singh said the human resources and technological capabilities of the Securities and Exchange Board of India (SEBI) will be augmented to keep pace with the expansion of its regulatory powers.

Noting that SEBI had already put in place a 100-per cent dematerialised and online trading platform, Singh said the system of quarterly disclosure of results by companies is a global practice that is in investor interest.

 

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Bid to curb insider trading