Economics · Capital Market
According to the SEBI (Amendment) Act 2002, what is the maximum monetary penalty that can be imposed by SEBI for insider trading?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Up to Rs 100 crore
- 2Up to Rs 50 crore
- 3Up to Rs 25 crore or three times the amount of profits made out of insider trading, whichever is higher✓
- 4Up to Rs 10 crore
Correct answer
Up to Rs 25 crore or three times the amount of profits made out of insider trading, whichever is higher
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