1. You Are At:
  2. Home
  3. Business News
  4. It’s clear firms themselves leaked info: Sebi on WhatsApp leaks

It’s clear firms themselves leaked info: Sebi on WhatsApp leaks

Sebi chairman Ajay Tyagi said it’s clear from the instances involving recent information leaks on WhatsApp that the details were leaked by companies themselves.

Reported by: PTI, Mumbai [ Published on: December 28, 2017 22:01 IST ]
WhatsApp

Sending out a stern warning to firms leaking key financial info ahead of public announcements on social media platforms, market regulator Sebi today said all those responsible, including auditors, will face the music and insider trading rules will be strengthened if required.  

Addressing a press conference after a board meeting, Sebi chairman Ajay Tyagi said it’s clear from the instances involving recent information leaks on WhatsApp that the details were leaked by companies themselves.  

He also said Sebi has set up a committee to discuss various issues of insider-trading and to figure out how much more regulatory strengthening is required. “We will bring out amendments to insider trading regulations soon.” 

Write a comment

Live Scorecard