Transparency And Insider Trading During Covid19

The novel coronavirus is molding the securities market in unique and unprecedented ways. Currently, the corporate world is facing financial upheaval. In this time of economic uncertainty, opportunity and intention to engage in COVID-19-related insider trading has increased significantly. It poses as a profitable opportunity for traders, especially those who have insights into the impact of the prevailing state of affairs in listed companies. Such information about key performance standards, like financial transactions, business disruptions, material contracts, mergers or acquisitions, etc., would allow an individual who is an avid part of such setup to foresee and anticipate unexpected benefits and hence plan their trading and make allocation decisions efficient. This in turn will impact the investors in general who are unaware of any such developments in the market at large. Though SEBI has recently come out with a series of relaxations on filing requirements by