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SEBI mulls bringing mutual fund units under insider trading rules
short by Ananya Goyal / on Sunday, 10 July, 2022
The SEBI has proposed to bring transactions in mutual fund units under insider trading regulations. Insiders would include those who have access to unpublished price-sensitive information and their immediate relatives. In the past, a few key personnel of a mutual fund redeemed their holdings in the schemes while in possession of "sensitive information", the SEBI noted in its discussion paper.