Page 283 - Latest Updates on SEBI
PoA optional for opening of client account by stockbrokers or DP: Sebi
Sebi also specified the activities the stockbrokers will not be allowed to carry out using PoA
 "PoA optional for opening of client account by stockbrokers or DP: Sebi")
Ease information disclosure norms for privately placed NCDs: FIDC
At present SEBI rules require standalone financial information for at least last three years and auditor qualifications from the entity seeking to issue NCDs
Sebi delays implementation of new norms for proxy advisors due to Covid-19
The new framework, which was to come into effect from September 1, will now be applicable from January 1, 2021
 "Sebi delays implementation of new norms for proxy advisors due to Covid-19")
Sebi directs PMS providers to share commission details with clients
Experts say directive will help clients understand product being offered is for commissions or merit
 "Sebi directs PMS providers to share commission details with clients")
Top headlines: Sebi-CBDT pact facing roadblock; GST council meet today
From SC calling for clarification on loan moratorium to govt selling 15% stake in Hindustan Aeronautics, here are top headlines this morning
Sebi-CBDT info-sharing pact facing roadblock over confidentiality clause
Confidentiality clause about foreign jurisdiction prevents tax board from sharing sensitive details with market regulator
 "Sebi-CBDT info-sharing pact facing roadblock over confidentiality clause")
RTI reply raises question over Franklin Templeton's wind-up move
Sebi said it had not given any prior permission to the fund house
 "RTI reply raises question over Franklin Templeton's wind-up move")
MF industry's digital drive helps in collections of new fund offerings
The digital capability of the MF industry has helped NFOs have a wider access to different parts of the country, despite the current lockdown conditions
 "MF industry's digital drive helps in collections of new fund offerings")
Sebi's higher float proposal for IBC firms could run into hurdles
Several legal experts plan to highlight the challenges in implementing all three options recommended by the regulator
 "Sebi's higher float proposal for IBC firms could run into hurdles")
Sebi imposes fine of Rs 50 lakh on NSE over Chitra compensation
The exchange had paid Ramkrishna Rs 44 crore for her three-year tenure and a further Rs 23 crore as total remuneration in the last eight months of her tenure
 "Sebi imposes fine of Rs 50 lakh on NSE over Chitra compensation")
Portfolio managers cannot impose lock-in for clients' investments: Sebi
"Portfolio managers cannot impose a lock-in on the investment of their clients.However, a portfolio manager can charge applicable exit fees from the client for early exit," Sebi noted
Use existing powers before seeking more
Seeking ever-increasing powers is an integral feature of regulatory agencies
Sebi orders impounding Rs 3.6 cr from 4 entities in insider trading case
Markets regulator Sebi has ordered impounding of wrongful gains worth Rs 3.6 crore from four entities related to a case of insider trading in the shares of Infibeam Avenues Ltd
Sebi slaps Rs 50 lakh fine on NSE for change in compensation policy
Sebi imposed a penalty of Rs 50 lakh on National Stock Exchange for making changes in compensation policy for senior management level people without taking prior approval from the markets regulator
Sebi fines NSE Rs 50 lakh over compensation paid to Chitra Ramkrishna
NSE asked to pay Rs 50 lakh for allowing former MD&CEO leave encashment beyond 360 days
 "Sebi fines NSE Rs 50 lakh over compensation paid to Chitra Ramkrishna")
Kalyan Jewellers files for Rs 1,750-cr IPO in largest offer in its sector
Issue involves fresh fundraise of Rs 1,000 cr and Rs 750 cr secondary share sale by promoter T S Kalyanaraman and PE firm Warburg Pincus
 "Kalyan Jewellers files for Rs 1,750-cr IPO in largest offer in its sector")
One month on, Sebi's one-time settlement scheme remains doubtful starter
High settlement amount and prosecution from other probe agencies draws little interest
Street signs: Demand for silver ETFs, banks push MF products, and more
The Securities and Exchange Board of India (Sebi) is seeing growing demand from market players to allow exchange-traded funds (ETFs) on silver amid a sharp runup in the price of the metal
 "Street signs: Demand for silver ETFs, banks push MF products, and more")
SEBI employees' group protests Garg's appointment as executive director
Appointment is a deviation from established practice followed in organisations like the Reserve Bank of India, says association
Sebi, NSE urge banks to source gold from exchange platform for hedging
The exchange will accept gold bars produced by the domestic refiners for settlement of the gold futures contracts traded on its platform
 "Sebi, NSE urge banks to source gold from exchange platform for hedging")