Which committee has appointed by market regulator SEBI to make the extant insider trading regulations foolproof has ironically ended up making suggestions that could have the effect of letting insider off the hook?

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

A	Justice Jain committee
B	Justice Thakur committee
C	Justice Kabir committee
D	Justice Sodhi committee

Explanation:

Detailed explanation-1: -Justice Sodhi Committee Report 1.1 SEBI, in order to ensure that the regulatory framework dealing with insider trading in India is further strengthened, had constituted a committee under the Chairmanship of Justice N.K.

Detailed explanation-2: -The Securities and Exchange Commission (SEC) prosecutes over 50 cases each year, with many being settled administratively out of court. The SEC and several stock exchanges actively monitor trading, looking for suspicious activity.

Detailed explanation-3: -The Securities and Exchange Board of India (“SEBI”), for protection of investors and to regulate the securities market, had formulated the SEBI (Prohibition of Insider Trading) Regulations, 2015 under the powers conferred on it under the SEBI Act, 1992.

Detailed explanation-4: -These Regulations may be called the Securities and Exchange Board of India (Insider Trading) (Amendment) Regulations, 2002.

There is 1 question to complete.