SEBI approves stricter conflict-of-interest rules for officials
pre-market1 source ↓written by the desknot a recommendation
India’s market regulator, SEBI, has approved tougher conflict-of-interest rules for its officials. Senior officials must liquidate or freeze personal equity investments upon joining and refrain from trading during their tenure. This decision follows scrutiny of former chief Madhabi Puri Buch amid allegations linked to the Adani group. The changes will take effect upon government notification.
Not investment advice. For informational purposes only.