Mapping insider trading laws: A database for SEBI’s Prevention of Insider Trading Regulations

The Indian legal framework on insider trading is complex and has, over the years, been significantly updated and amended. The insider trading regulations were introduced in 1992 and amended four times between 2002 and 2011. This set of regulations was replaced by the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations), which has been amended 12 times between 2018 and 2024. Frequent changes in the PIT Regulations have created challenges in understanding the correct position in law and in analysing past events and developments. To help solve this problem, we have prepared a relational database by identifying key definitions and constituent elements of the violation of “insider trading” in the PIT Regulations. The database does not map changes to the disclosure requirements in the PIT Regulations.

CITATION

Natasha Aggarwal, 2025. “Mapping insider trading laws: A database for SEBI’s Prevention of Insider Trading Regulations,” Leap Blog.