SEBI formed the Pratyush Sinha Committee to tighten conflict-of-interest and disclosure rules for its senior officials.
The committee recommended mandatory asset and liability disclosures for the chairperson, whole-time members and senior officers.
It proposed classifying the top leadership as “insiders” under insider-trading rules and restricting personal market investment to pooled professionally-managed funds.
It suggested creating an Office of Ethics and Compliance with a digital disclosure registry and a secure whistleblower channel.
It recommended a two-year cooling-off period for former officials before appearing before SEBI in regulatory matters.