Insider -

PVR case: Sebi penalises 3 individuals for violating insider trading norms

October 2, 2022 by aandd24

Capital markets regulator Sebi has imposed fines totalling Rs 6 lakh on three individuals for violating the insider trading norms in the shares of PVR Ltd. The individuals – – Gautam Dutta (Noticee 1), NC Gupta (Noticee 2) and Pramod Arora (Noticee 3) — were the designated persons/ employees of the company …

Former OpenSea Staff Asks Court to Withdraw Insider Trading Charges

August 23, 2022 by aandd24

Following the indictment of Nathaniel Chastain, a former Head of Product at the Non-Fungible Token (NFT) marketplace, OpenSea, a new petition has now been filed by his lawyers, requesting the court to dismiss the case as it lacks merit. Chastain’s lawyers said the accusation of insider trading does not qualify as NFTs can neither be …