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    Exemption from 'Immediate Relative'

    Posted By : Juhee Goyal / Published on : 03-Aug-2022 05:47 AM / View : 339 / Comment : 1

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    Hello Members!

    As per SEBI (Prohibition of Insider Trading) Regulations, 2015

    If a spouse is financially independent and does not consult an insider while taking trading decisions, is that spouse exempted from the definition of ‘immediate relative’?
    Read more on : relative immediate exemption

    • Hello Juhee,

      As per recent clarification on SEBI (PIT) regulation by SEBI ,A spouse is presumed to be an ‘immediate relative’, unless rebutted so even if taking his own trading Decisions.
       
      Thank You.
      04-08-2022 / 09:27:07 AM
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