Page 307 - Latest Updates on SEBI
Colo, high-speed trading prone to manipulation: Sebi committee chief
An issue that the capital markets regulator had grappled with time and again, he said, was the fairness with respect to processing and executing trades
 "Colo, high-speed trading prone to manipulation: Sebi committee chief")
Not received any request from Sebi for conducting audit, says Infosys
Shares of Infosys closed 0.2% down at Rs 782.95 apiece at the BSE on Friday
 "Not received any request from Sebi for conducting audit, says Infosys")
GDR manipulation: Sebi levies Rs 10.7 cr fine on Jindal Cotex, 3 officials
During the probe, Sebi observed that the entire 1.51 million GDRs were subscribed by only one entity, Vintage FZE (now known as Alta Vista International FZE).
 "GDR manipulation: Sebi levies Rs 10.7 cr fine on Jindal Cotex, 3 officials")
Sebi glare on Voda Idea writedown by mutual funds after AGR verdict
Franklin Templeton MF announced 100% mark-down; others followed valuation metric after SC rejected telcos' petition
 "Sebi glare on Voda Idea writedown by mutual funds after AGR verdict")
Fee-charging advisors fear Sebi move on net worth may undermine business
Participants say Sebi's proposal can force genuine advisers to shut shops
 "Fee-charging advisors fear Sebi move on net worth may undermine business")
Sebi to rope in independent agencies to dispose of attached assets
The Securities and Exchange Board of India (Sebi) said bids can be submitted by February 10, 2020
Sebi reaffirms earlier ruling in Sahara India Commercial Corporation case
The order relates to SICCL collecting funds to the tune of Rs 14,106 crore between 1998 and 2009 from nearly 20 million investors through bonds
Sebi notifies norms, scraps upfront fees for portfolio management services
Under portfolio management services (PMS), portfolio managers offer customised investment advice to clients, typically high net worth individuals.
Indian Railway Finance Corporation files IPO draft papers with Sebi
The shares of the company are proposed to be listed on the BSE and the NSE.
 "Indian Railway Finance Corporation files IPO draft papers with Sebi")
High margins on narrow agri commodities may hit corporate hedging
There is no definition as of now to call some commodities as narrow commodity, brokers point out
Family feud takes Gati to NCLT; transfer of management a sticking point
On December 5, Allcargo announced it was buying a controlling stake in Gati for Rs 416 crore
 "Family feud takes Gati to NCLT; transfer of management a sticking point")
Sebi puts in place guidelines for listed REIT, InvIT on rights issue
The Securities and Exchange Board of India had first notified REITs and InvIT Regulations in 2014
In a major reform, Sebi allows stock exchanges to launch 'options on goods'
Sebi has also permitted exchanges to allow option on goods and options on futures with the same underlying commodities simultaneously
 "In a major reform, Sebi allows stock exchanges to launch 'options on goods'")
Sebi exonerates Ravi Narain, 8 other officials in NSE 'dark fibre' case
It was alleged that Sampark provided latency advantage to a few brokers, which resulted in a substantial increase in their turnover during the period from April-August 2015
Sebi's proposal to put cap on fee to put investment advisers in a lurch
Industry participants need to reply to consultation paper in 15 days from issue date
NSE colocation case: Sebi acquits Ravi Narain, 8 other exchange officials
The order came after an investigation by the Securities and Exchange Board of India against several former and current NSE employees and stock brokers in the co-location matter
 "NSE colocation case: Sebi acquits Ravi Narain, 8 other exchange officials")
Hedgers to benefit as market regulator may lower margin for F&O trades
The Securities and Exchange Board of India had appointed a Risk Management Review Committee to look at the margin collection system in India
Sebi floats paper proposing split of investment advisor, distributor roles
Further, the regulator has proposed two mechanism under which an investment adviser can charge fees -- Assets under advice (AUA) mechanism of fees and fixed fees.
Karvy case: Interim relief to Axis Bank from Securities Appellate Tribunal
The tribunal granted interim relief in light of the fact that the National Securities Depository had earlier reversed securities to clients on the basis of Sebi's November 2019 order
Are Indian boards truly effective?
Our approach to board governance has resulted in a sharp focus on structure, that is, form, without commensurate focus on substance, that is, effectiveness
 "Are Indian boards truly effective?")