Comment on SEBI passing an ad interim order in the insider trading case in the share of Indian energy exchange by Makarand Joshi founder partner MMJC and Associates

Below the Comment on SEBI passing an ad interim order in the insider trading case in the share of Indian energy exchange by Makarand Joshi founder partner MMJC and Associates
"This is the first of a kind order wherein SEBI has summoned government authority officials on charges of insider trading. PIT is applicable to all entities who handle UPSI is clear since framing of PIT regulation. With this precedent, all entities in the market dealing with listed entities will have to ensure strict compliance with the PIT framework."
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