Securities And Exchange Board Of India - Subsection
Section 16(6) in Securities and Exchange Board of India (Research Analysts) Regulations, 2014
(6)Notwithstanding anything contained in sub-regulations (2) to (4), such restrictions to trade or deal in securities may not apply in case of significant news or event concerning the subject company or based upon an unanticipated significant change in the personal financial circumstances of the research analyst, subject to prior written approval as per the terms specified in the approved internal policies and procedures.
