n NISM Certifications
XV NISM Series XV
Medium

Who is considered a 'connected person' under SEBI Insider Trading Regulations?

Practice question from NISM XV Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Company under same management

  2. B

    Subsidiary of the company

  3. C

    Company under same group

  4. All of the above

    Correct answer

Why this is the answer

According to SEBI (Prohibition of Insider Trading) Regulations, a 'connected person' includes any holding company, subsidiary, or associate company under the same management or group.

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