One of Sebi's key objectives is to protect investor interest and market integrity.
Experts say what will also play on the minds of policymakers is the potential upside of taxing the cryptocurrency trade.
According to Sebi, creation of an identified charge by NBFCs will enable liquidation of asset and return of debt quickly to the investors in the event of any default
The changes are aimed at protecting the interest of minority investors
Last month, Sebi had directed the bourse to divest its entire stake in the registrar and transfer agent (RTA) within a year
Among other criteria, the applicant should have secured minimum of 60 per cent aggregate marks or equivalent cumulative grade points average in the previous semester results
In ease of doing business push, 72 changes to companies law okayed
Multi-modal logistics firm initiates final phase of stake buy in Gati
The comments come a day after the action by central banks across the world, including a surprise 50 basis points cut in rates by the US Federal Reserve
The firm, which hit a stonewall thrice over its sponsorship bid, finally informed Sebi of its decision to withdraw due to a drop in Sahara MF's net worth and exit of top execs
The regulator took the decision in view of past defaults in smaller commodities where prices were pulled on one side
Sebi has also allowed a combined relevant experience of at least 30 years of directors, partners and employees of the investment manager, even if it is a newly created entity
Instead of transacting through MF houses, they can buy and sell direct plans from the exchanges
The order follows a probe conducted by the regulator between August-September 2010.
The 2019 operating guidelines for FPIs also prescribe a separate registration for proprietary derivative investments and ODI activities of an FPI
The regulator has proposed widening the definition of related party and RPTs, changing the threshold for determining RPTs, and tighter disclosures and approvals.
The regulator in the past had also asked the industry to focus more on driving the growth of direct plans
The extension comes on a day the benchmark Sensex logged one of its worst-ever crashes amid a global selloff due to the spread of coronavirus
The amount of misutilisation was in the range of Rs 5.01 crore to Rs 102.06 crore for the sample dates
Earlier, the net worth requirement for investment adviser (IA) in IFSC was $1.5 million