Page 106 - Latest Updates on SEBI
Market regulator Sebi fines 11 individuals for pump and dump scheme
The pump and dump scheme was operated through recommendations shared through Telegram channels, resulting in public shareholders purchasing the stock at an inflated price
 "Market regulator Sebi fines 11 individuals for pump and dump scheme")
Call on Burman family open offer rests with Sebi: Religare's Saluja
Says cooperating with Sebi, Irdai on allegations of insider trading, ESOP irregularities; Denies any wrongdoing
 "Call on Burman family open offer rests with Sebi: Religare's Saluja")
Sebi slaps Rs 11.90 cr fine on 19 entities for 'pump and dump' scheme
The regulator imposed fines in the range of Rs 10 lakh to Rs 5 crore on 19 entities, including Rajneesh Kumar, Ashish P Shah and Kirtidan K Gadhavi
Sebi slaps Rs 2.5 cr fine on TIL, former officials over 'fake' transactions
The fine needs to be paid within 45 days, the Securities and Exchange Board of India (Sebi) said in its order
Investing in g-secs; building small portfolio: Top personal finance stories
Our top stop stories this week tell you about the pros and cons of government securities and what investors must know about compounding
 "Investing in g-secs; building small portfolio: Top personal finance stories")
Sebi tweaks framework for clearing firms on liquid assets as collateral
Clearing corporations accept liquid assets with applicable haircuts to meet the requirements for initial margins and mark to market losses among others
Sebi reduces approval time to 7 days for brokers for internet-based trading
The move is aimed at facilitating ease of doing business
 "Sebi reduces approval time to 7 days for brokers for internet-based trading")
Sebi issues rules for inspection of warehouses by clearing corporations
Sebi said that the requirement of two inspections in a calendar year can be done away with for accredited storage facilities with 'nil' stock, continuously during the preceding six months
 "Sebi issues rules for inspection of warehouses by clearing corporations")
FPIs may lose exemption benefits as Sebi issues updated SOPs for custodians
The SOP also provides certain examples of the structures followed by regulators in other jurisdictions like the United States and Australia
Plea in Delhi HC to expedite NSE IPO; court seeks reply from Sebi, NSE
The court seeks reply from Sebi, NSE on the plea
 "Plea in Delhi HC to expedite NSE IPO; court seeks reply from Sebi, NSE")
Rise in related-party transactions outpaces sales growth, shows data
Share has risen as a percentage of net sales
 "Rise in related-party transactions outpaces sales growth, shows data")
Sebi reduces turnover requirement for agri commodity options to Rs 100 cr
The decision has been taken keeping into account representations received from market participants and deliberations by Sebi's Commodity Derivatives Advisory Committee (CDAC)
Sebi issues SOP for handling of commodity derivatives exchange outage
Stock exchange outage means stoppage of continuous trading, either suo moto by exchange or by virtue of reasons beyond control of stock exchange
Sebi asks social enterprises to submit impact report for FY24 by Oct-end
In September 2023, Sebi asked social enterprises raising funds using SSE to disclose the annual impact report within 90 days from the end of financial year
Sebi tweaks framework for price band formulation in derivatives segment
The regulator has enhanced the number of trades, unique client codes, and trading members for 'flexing' of price bands. Flexing is changing the price band towards the direction of the trade
Sebi action on fantasy games operating on real-time stock market data
At least once in a financial year the list of activities and entities using this data will have to be reviewed by the board of MIIs
 "Sebi action on fantasy games operating on real-time stock market data")
Sebi mandates 10-minute video disclosure for companies launching IPOs
"The content of the AV must be factual, non-repetitive, non-promotional and shall not be misleading in any manner," said Sebi
 "Sebi mandates 10-minute video disclosure for companies launching IPOs")
Sebi launches audio-visual representation of public issues' disclosures
Such AV will be prepared and placed in the public domain for all main board public issues. The same will initially be in bilingual format -- English and Hindi
Adani Enterprises recovers all stock mkt losses sparked by Hindenburg
The flagship's stock rose 1.7% to 3,445.05 in Mumbai on Friday and has now almost tripled since its nadir in February 2023
 "Adani Enterprises recovers all stock mkt losses sparked by Hindenburg")
Sebi proposes measures to ease ESG disclosures by listed companies
Sebi has also proposed to make the disclosures for value chain partners voluntary for the first year instead of comply or explain basis
 "Sebi proposes measures to ease ESG disclosures by listed companies")