Sebi is looking at a new rule that would make market price data used for teaching purposes available with a 30‑day delay.
Why the change?
The regulator believes a month‑long lag will stop people from misusing fresh exchange data while still keeping the information useful for students and educators.
What’s the rule now?
- Live market data can only be shared for actual trading.
- Since May 2024, a one‑day delay was allowed for educational use.
- In January 2025, the lag was tightened to three months for pure‑education providers.
What is being proposed?
Sebi’s consultation paper suggests a uniform 30‑day lag for both sharing and using price data in education and awareness activities. The same restrictions on prohibited activities from the 2025 circular would still apply.
What do stakeholders think?
Many said the one‑day lag was too short and could be misused, while others felt three months was too long and would make teaching outdated. The 30‑day middle ground aims to address both concerns.
How can you weigh in?
The regulator is asking for public comments until 27 January 2026. It wants to know if a 30‑day lag is reasonable or if extra safeguards are needed.
Remember, this is just information, not a prediction. Do your own research before making any decisions.