Insider Trading & Market Manipulation
A comprehensive, practice-oriented training module covering PIT Regulations 2015, SEBI PFUTP Regulations, trading prohibitions, defences, codes of conduct, and landmark enforcement actions in Indian securities law.
Six Comprehensive Parts
Each part builds upon the previous, creating a complete framework for understanding insider trading and market manipulation law in India.
PIT Regulations 2015
Master the foundational framework of SEBI (Prohibition of Insider Trading) Regulations 2015, including definitions, UPSI, connected persons, and key amendments.
Trading While in Possession
Understand the core prohibition on trading while in possession of UPSI, communication restrictions, tipping liability, and penalty provisions.
Defences & Safe Harbours
Navigate the available defences including trading plans, off-market transfers, legitimate purposes, and institutional mechanisms for compliance.
Codes of Conduct
Implement effective codes of conduct for listed companies, manage designated persons, trading windows, pre-clearance, and digital databases.
Market Manipulation (PFUTP)
Analyze SEBI PFUTP Regulations 2003, manipulative devices, market manipulation, front running, and fraudulent trade practices.
Enforcement & Case Studies
Examine SEBI investigation processes, landmark orders, celebrated cases including Rakesh Jhunjhunwala and Samir Arora, and recent trends.
Module Assessment Quiz
Test your understanding with 50 scenario-based questions covering all six parts. Detailed explanations provided for each answer.
What You Will Master
Upon completing this module, you will have developed competencies essential for securities law practice.
Apply SEBI PIT Regulations 2015 to identify insider trading violations and advise clients on compliance
Determine what constitutes UPSI and when information becomes generally available
Deploy available defences and safe harbours effectively in insider trading allegations
Draft and implement codes of conduct for listed companies and intermediaries
Identify market manipulation, front running, and fraudulent practices under PFUTP
Navigate SEBI enforcement proceedings and represent clients in adjudication
Ready to Begin Your Journey?
Start with Part 1 and build your expertise step by step. Each part includes case studies, practical insights, regulatory analysis, and assessment components.