Page 161 - Latest Updates on SEBI
Sebi codifies 'excuse-exclude' norms used by AIFs for managing portfolios
Move to help curb cherry-picking of deals by LPs, manage conflict of interest
 "Sebi codifies 'excuse-exclude' norms used by AIFs for managing portfolios")
Sebi tweaks listing day price discovery process to ensure uniformity
While exchanges will continue to conduct call auctions separately, Sebi has mandated a series of measures to ensure equilibrium prices at both the exchanges are close to each other
 "Sebi tweaks listing day price discovery process to ensure uniformity")
Sebi imposes fine of Rs 15 lakh on 3 individuals for non-genuine trades
In three separate orders, the watchdog slapped a fine of Rs 5 lakh each on Radha Devi Goenka, Radhey Shyam Manchanda and Sanchit Arora
 "Sebi imposes fine of Rs 15 lakh on 3 individuals for non-genuine trades")
Sebi to AIFs: Offer direct plans; introduces trail model for commissions
New norms to curb mis-selling, bring parity on upfront commissions that are already barred in MFs, PMS
NSE's IPO plan unapproved by Sebi until pending cases are resolved: Report
A delayed NSE IPO will test the patience of its core shareholders - banks, insurance companies and foreign funds - who have been waiting for an exit opportunity in rising markets
 "NSE's IPO plan unapproved by Sebi until pending cases are resolved: Report")
Sebi resolves 2,838 complaints against firms via SCORES platform in March
At the beginning of March, as many as 2,241 complaints were pending and 2,643 fresh complaints were received during the month, the data released by Sebi on Monday showed
L&T MF ceases to exist as mutual fund after it gave up registration: Sebi
L&T Mutual Fund ceases to exist as a mutual fund, capital markets regulator Sebi said on Monday
 "L&T MF ceases to exist as mutual fund after it gave up registration: Sebi")
Best of BS Opinion: Fine-tuning needed, technology transformation, & more
Here is the best of Business Standard's opinion pieces for today
 "Best of BS Opinion: Fine-tuning needed, technology transformation, & more")
Street Signs: PSU Bank exchange-traded funds, Yum! Brands stocks, and more
Analysts say Yum!'s - which operates Kentucky Fried Chicken (KFC), Taco Bell, and Pizza Hut food chains - performance has improved, driven by aggressive store expansion vis-a-vis other players
 "Street Signs: PSU Bank exchange-traded funds, Yum! Brands stocks, and more")
Fine-tuning needed
Guidelines for investment advisers should be clear
Unauthorised investment advisory services: Sebi bans 4 for six months
In two separate orders, Sebi found that these entities were engaged in the business of providing investment advice to their clients, for consideration, without obtaining Sebi's registration
 "Unauthorised investment advisory services: Sebi bans 4 for six months")
Sebi clarifies on shareholders' approval for directors appointment on board
However, relaxation has been provided to the listed public sector companies from strict compliance with the requirement of three months' time
Sebi asks investment advisers to display info prominently in advertisements
This information should also be there in publications, Know Your Client (KYC) forms, client agreements, statements and in any other form of correspondence with the client
Go Digit General Insurance re-files preliminary IPO papers with Sebi
This came after Sebi returned Go Digit's draft IPO (Initial Public Offering) papers on January 30 and asked the company to refile the documents with certain updates
 "Go Digit General Insurance re-files preliminary IPO papers with Sebi")
Top headlines: Subpar global trade growth, Sebi crackdown on ads, and more
Business Standard brings you the top headlines at this hour
 "Top headlines: Subpar global trade growth, Sebi crackdown on ads, and more")
Five IPOs get Sebi go-ahead to raise up to Rs 3,000 cr collectively
The approvals come at a time when capital raising by way of IPOs has slowed to a crawl, with only four issues hitting the market so far this calendar year
ESAF SFB to refile IPO prospectus with Sebi; eyes listing in H2 of FY24
Pegs capital need at Rs 1,000 cr for three years
 "ESAF SFB to refile IPO prospectus with Sebi; eyes listing in H2 of FY24")
Sebi takes slew of measures to crack down on misleading investment ads
Bars usage of superlative terms, projections, past performance and in some cases even comparisons
Increasing efficiency
Lower compliance will help expand the reach of passive funds
Sebi's MF Lite plank for passive funds seen boosting India ETF landscape
Industry experts say it could help attract global players