What is Insider Trading: Is Insider Trading Illegal in Nepal
What is Insider Trading: Is Insider Trading Illegal in Nepal : In this blog, you will learn about the provision relating to insider trading in Nepal and punishment for the offence of insider trading. Table of content What is insider trading? Persons likely to be involved in Insider Trading Some examples of Insider Trading which may be legal Some examples of Insider Trading which are Illegal Is Insider trading Illegal in Nepal? Punishment for the offence of Insider Trading Conclusion What is insider trading? If any person deals in securities by himself or causes to deal in securities based on insider, unpublished and price-sensitive information . then, he shall be deemed to have been committed an offence of insider trading. If any person obtains such information , he/she shall either disclose it or do not enter into a transaction based on it. Persons likely to be involved in Insider Trading Director employee shareholder CEO/MD Auditor Employee of SEBON , stock exchange, Broker E...