tag:blogger.com,1999:blog-3202774368551476669.post1018483805530633710..comments2023-09-15T16:21:31.980+05:30Comments on INDIAN CORPORATE LAW: SEBI clarifies on Insider Trading Regulations amendments of November 2008Umakanth Varottilhttp://www.blogger.com/profile/12438677982004444359noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3202774368551476669.post-69745609702735546952009-07-28T11:52:50.011+05:302009-07-28T11:52:50.011+05:30Hi Lawman,
Regarding ban on futures/options, perh...Hi Lawman,<br /><br />Regarding ban on futures/options, perhaps SEBI may be thinking that why would an employee/other insider at all need to deal in futures/options of his own company unless he had some insider information? Given also that such derivatives are of fairly short duration in India. It may sound as unfair as other blanket bans but at least they are consistent! Looking at it another way, in most cases, such derivatives are likely to square off - i.e., sold off if purchased and vice versa within a short period - which is precisely what is sought to be banned otherwise.<br /><br />- JayantCA Jayant Thakurhttps://www.blogger.com/profile/06755740172092808729noreply@blogger.comtag:blogger.com,1999:blog-3202774368551476669.post-86726626338751976472009-07-27T19:49:53.084+05:302009-07-27T19:49:53.084+05:30Dear Jayant,
Thanks for your post. I was just won...Dear Jayant,<br /><br />Thanks for your post. I was just wondering what the rationale could be for placing a blanket ban on trading in stock futures/options. Grateful if you could give some views on this?<br /><br />In any case, this ban will not be of much help in case of a company like Reliance - which has the capacity to move the market in its direction; and, I can place my bet on nifty futures/options if I have UPSL pertaining to Reliance.<br /><br />Regards,<br />LawmanLawmannoreply@blogger.com