Section 10: The code of conduct shall specify the period, which in any event shall not be less than six months, within which a designated person who is permitted to trade shall not execute a contra trade. The compliance officer may be empowered to grant relaxation from strict application of such restriction for reasons to be recorded in writing provided that such relaxation does not violate these regulations. Should a contra trade be executed, inadvertently or otherwise, in violation of such a restriction, the profits from such trade shall be liable to be disgorged for remittance to the Board for credit to the Investor Protection and Education Fund administered by the Board under the Act

Q: What does Section 10 of The SEBI (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations) deal with?

Section 10 PIT Regulations pertains to "The code of conduct shall specify the period, which in any event shall not be less than six months, within which a designated person who is permitted to trade shall not execute a contra trade. The compliance officer may be empowered to grant relaxation from strict application of such restriction for reasons to be recorded in writing provided that such relaxation does not violate these regulations. Should a contra trade be executed, inadvertently or otherwise, in violation of such a restriction, the profits from such trade shall be liable to be disgorged for remittance to the Board for credit to the Investor Protection and Education Fund administered by the Board under the Act". It is part of the The SEBI (Prohibition of Insider Trading) Regulations, 2015, a legislation enacted by the Parliament of India. Section 10 of The SEBI (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations) prohibits the code of conduct shall specify the period, which in any event shall not be less than six months, within which a designated person who is permitted to trade shall not execute a contra trade. The compliance officer may be empowered to grant relaxation from strict application of such restriction for reasons to be recorded in writing provided that such relaxation does not violate these regulations. Should a contra trade be executed, inadvertently or otherwise, in violation of such a restriction, the profits from such trade shall be liable to be disgorged for remittance to the Board for credit to the Investor Protection and Education Fund administered by the Board under the Act. As verified on 19 May 2026.

Q: Is Section 10 PIT Regulations still in force?

Yes, Section 10 of the The SEBI (Prohibition of Insider Trading) Regulations, 2015 is currently in force across the Republic of India.

Q: What is धारा 10 PIT Regulations?

धारा 10 PIT Regulations is the Devanagari Hindi reference for Section 10 of the The SEBI (Prohibition of Insider Trading) Regulations, 2015. Section 10 of The SEBI (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations) prohibits the code of conduct shall specify the period, which in any event shall not be less than six months, within which a designated person who is permitted to trade shall not execute a contra trade. The compliance officer may be empowered to grant relaxation from strict application of such restriction for reasons to be recorded in writing provided that such relaxation does not violate these regulations. Should a contra trade be executed, inadvertently or otherwise, in violation of such a restriction, the profits from such trade shall be liable to be disgorged for remittance to the Board for credit to the Investor Protection and Education Fund administered by the Board under the Act. As verified on 19 May 2026.

Q: What is Dhara 10 PIT Regulations?

Dhara 10 PIT Regulations is the Roman Hindi reference for Section 10 of the The SEBI (Prohibition of Insider Trading) Regulations, 2015. "Dhara" means "Section" in Hindi. Section 10 of The SEBI (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations) prohibits the code of conduct shall specify the period, which in any event shall not be less than six months, within which a designated person who is permitted to trade shall not execute a contra trade. The compliance officer may be empowered to grant relaxation from strict application of such restriction for reasons to be recorded in writing provided that such relaxation does not violate these regulations. Should a contra trade be executed, inadvertently or otherwise, in violation of such a restriction, the profits from such trade shall be liable to be disgorged for remittance to the Board for credit to the Investor Protection and Education Fund administered by the Board under the Act. As verified on 19 May 2026.

Q: How to cite Section 10 of The SEBI (Prohibition of Insider Trading) Regulations, 2015?

Cite as: "Section 10, The SEBI (Prohibition of Insider Trading) Regulations, 2015 (PIT Regulations)" in legal briefs. For academic writing, use the BlueBook format: The SEBI (Prohibition of Insider Trading) Regulations, 2015, 2015, § 10 (India).

Law on Tips Editorial Board

[Provided that this shall not be applicable for trades pursuant to exercise of stock options.] [Inserted by Notification No. SEBI/LAD-NRO/GN/2018/59, dated 31.12.2018 (w.e.f. 15.1.2015).]