SEBI's Master Circular on Surveillance of Securities Market
The SEBI recently released a Master Circular to ensure availability of consolidated information contained in all the circulars pertaining to surveillance of securities market at one place. The Circular is categorized subject wise under various headings, viz., trading rules and shareholding in dematerialized mode, monitoring of unauthenticated news circulated by SEBI registered market intermediaries through various modes of communication and disclosure reporting under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 including Disclosures under Regulation 6 and Regulation 8 (Code of Fair Disclosure) and Regulation 9 (Code of Conduct), Reporting to Stock Exchanges regarding violations relating to the Code of Conduct, Automation of Continual Disclosures under Regulation 7(2) of SEBI (Prohibition of Insider Trading) Regulations, 2015 - System driven disclosures and Trading Window Closure.
