SEBI Price Data Rule: 30-Day Lag for Education
Why in the news
The market regulator floated a revised framework for sharing price data with educators, built around a single 30-day delay.
| Aspect | Present rule | Proposed rule |
|---|---|---|
| Access to price data | One-day lag | 30-day lag |
| Use of the data | Three-month lag | 30-day lag |
| Scope | Educational institutions | Educational purposes only |
Key facts
- Regulator: Securities and Exchange Board of India (SEBI).
- Proposed delay: 30 days, for educational purposes only.
Why 30 days
- A one-day lag was seen as too short, leaving room for misuse of exchange data.
- A three-month lag was judged too long and weakened educational relevance.
- The middle path limits misuse risk while keeping teaching content current.
Exam angle
- Proposed lag: 30 days.
- Current lags: one day (access) and three months (use).
- Regulator involved: SEBI.