The concept of Insider Trading in India started fermenting in the 80‟s and 90‟s and came to be known and observed extensively in the Indian Securities market.
The rapidly advancing Indian Securities market needed a more comprehensive legislation to regulate the practice of Insider Trading, thus resulting in the formulation of the SEBI (Insider Trading) Regulations in the year 1992, which were amended in the year 2002 after the discrepancies observed in the 1992 regulations and thereafter, a New Insider Trading Regulation in the year 2015 [i. e. The SEBI (Prohibition of Insider Trading) Regulation, 2015] enforced by SEBI w. e. f. 15th May, 2015.
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