Archive · 7 Jan 2026
SEBI Proposes 30-Day Lag for Stock Data
The Securities and Exchange Board of India (SEBI) has suggested a new rule.
They want to delay sharing stock prices used for teaching investors by 30 days.
This is to stop people from misusing the information while keeping the teaching materials useful.
Before, there were different rules with shorter and longer delays.
SEBI thinks 30 days is just right.
They are asking the public for their opinions on this idea.
People can share their thoughts until 27 January 2026.
Some people think the new rule might not stop misuse, but SEBI believes it will help.
SEBI proposed a 30-day delay for sharing stock price data used solely for investor education.
The move aims to balance preventing misuse of price data and maintaining the relevance of educational content.
Earlier rules allowed a one-day lag for educational purposes and a three-month lag for entities engaged solely in education.
SEBI's internal review concluded that a 30-day lag would adequately protect against misuse while keeping content timely and meaningful.
Public comments on the proposal are invited and must be submitted by 27 January 2026.
- Who
- Securities and Exchange Board of India (SEBI)
- What
- Proposed a 30-day delay for sharing stock price data used for investor education
- When
- Consultation paper issued on 6 January 2026; public comments due by 27 January 2026
- Where
- India
- Why
- To balance preventing misuse of price data and maintaining the relevance of educational content
Stakeholders
SEBI
Effectiveness of Lag Period
Stakeholders
Stakeholders view the one-day and three-month lag periods as inconsistent in practice.
SEBI
SEBI believes both lag periods can coexist as they serve different purposes: a one-day delay for technical buffering and a three-month requirement for content-based educational thresholds.
- Organization
- Securities and Exchange Board of India (SEBI)
- Proposal
- 30-day delay for stock price data in investor education
- Consultation Paper Date
- 6 January 2026
- Current Lag Periods
- One-day and three-month lags
- Public Comment Deadline
- 27 January 2026
- Regulatory Conflict
- Conflicting timelines in 2024 and 2025 circulars
- Case Highlighting Issue
- Avadhut Sathe case
- Amount Impounded
- ₹546.16 crore
Sources
SEBI proposes 30-day lag for stock price data in investor education
SEBI proposes 30-day lag for sharing, use of price data in investor education
Sebi mulls ending market education price data confusion with 30-day lag
SEBI proposes 30-day lag for use of stock price data in educational content
SEBI rolls out timeline for using stock price data
Sebi Proposes Usage of Price Data With 30 Day Time Lag For Educational Purposes
Mint Explainer: Why has Sebi tweaked the timelines for sharing market data with educators?
Sebi extends additional incentive structure timeline for mutual fund distributors till 1 March — Details
