n NISM Certifications
XV NISM Series XV
Medium

Under SEBI (Prohibition of Insider Trading) Regulations, 2015, a Connected Person includes:

Practice question from NISM XV Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    An officer of the company

  2. B

    An employee of the company

  3. C

    A person with professional or business relationship with the company

  4. All of the above

    Correct answer

Why this is the answer

A connected person is anyone associated with the company who has access to unpublished price-sensitive information, including officers, employees, and business associates.

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