SEBI warns Reliance compliance officer over insider trading lapses
after close1 source ↓written by the desknot a recommendation
The Securities and Exchange Board of India (SEBI) issued a warning to Reliance Industries’ compliance officer after uncovering insider trading violations involving two employees and a relative. The violations occurred during July 2024, with trades executed while possessing unpublished price-sensitive information. SEBI noted inadequate monitoring of compliance protocols by the officer, raising concerns over regulatory adherence.
Not investment advice. For informational purposes only.