Page 317 - Latest Updates on SEBI
Sebi puts in place disclosure framework for municipal debt securities
Under the new disclosure framework, Sebi said it has widened the definition of issuers, revised timelines for submission of annual and half-yearly financial results
 "Sebi puts in place disclosure framework for municipal debt securities")
NCDEX ties up with NSE Indices to launch AGRIDEX, India's first agri index
Leading commodities such as guar seed, guar gum, soybean, chana, mustard seed, and jeera, etc, will be the index's constituents
 "NCDEX ties up with NSE Indices to launch AGRIDEX, India's first agri index")
MFs' exposure to NBFCs down 30% in 15 months since IL&FS crisis broke out
Fund houses have particularly pruned exposure to troubled NBFCs
 "MFs' exposure to NBFCs down 30% in 15 months since IL&FS crisis broke out")
NCLAT asks for Sebi reply on new share delisting norms for insolvency firms
The NCLAT direction came while hearing the petition filed by Reliance Industries Ltd, which is seeking waiver in delisting procedure for Alok Industries.
 "NCLAT asks for Sebi reply on new share delisting norms for insolvency firms")
Reliance Petroleum case: RIL begins arguments against Sebi order at SAT
Sebi ruling was related to alleged fraudulent trading in the F&O space in the securities of Reliance Petroleum
 "Reliance Petroleum case: RIL begins arguments against Sebi order at SAT")
Reliance Petroleum case: SAT to hear RIL plea against Sebi order on Nov 13
The watchdog had barred the company and the entities for alleged unfair trade practices related to the securities market
 "Reliance Petroleum case: SAT to hear RIL plea against Sebi order on Nov 13")
Insider trading case: SAT lifts market ban on former CMD of Gammon Infra
In July 2014, Sebi had barred Rajan after finding him guilty of trading in shares on the basis of unpublished price sensitive information
 "Insider trading case: SAT lifts market ban on former CMD of Gammon Infra")
Sebi to auction assets of Royal Twinkle, Citrus Inn in Dec to recover funds
The properties at Alappuzha in Kerala will be auctioned on December 4 at a total reserve price of a little over Rs 19 crore
Sebi disposes of ABG Shipyard disclosure case as firm is under liquidation
ABG Shipyard is undergoing insolvency proceedings under the Insolvency and Bankruptcy Code (IBC, 2016) as per NCLT orders
 "Sebi disposes of ABG Shipyard disclosure case as firm is under liquidation")
Sebi to soon permit settling of options in goods, simplify trading
Under the existing system, options devolve into futures first and then futures are settled, making the entire process cumbersome
Infosys whistleblower case: Ask Nilekani or God, quips Sebi chief Tyagi
Further, Tyagi said the regulator was looking into concerns over firms not sharing data with credit rating agencies.
 "Infosys whistleblower case: Ask Nilekani or God, quips Sebi chief Tyagi")
Sebi's cross-margining move to increase liquidity, trading volume in market
The regulator, in December 2008, allowed cross margining across cash and exchange traded equity derivatives segments
Sebi extends timeline for UPI Phase II implementation till March 2020
The decision has been taken after consultation with various intermediaries and National Payments Corporation of India (NPCI).
 "Sebi extends timeline for UPI Phase II implementation till March 2020")
Ask Almighty or Nilekani: Sebi chief on God can't change numbers remark
On Wednesday, Nilekani asserted that the company operates with the highest integrity, and that "even God can't change the numbers of this company".
 "Ask Almighty or Nilekani: Sebi chief on God can't change numbers remark")
Federal-Mogul soars 16% after SAT upholds Sebi order on open offer price
SAT also dismissed such appeals stating it didn't find enough merit in dismissing the approach taken by Sebi to arrive at a fair valuation
 "Federal-Mogul soars 16% after SAT upholds Sebi order on open offer price")
Sebi says mutual funds can use 'side-pocket' for unrated debt
Market regulator clears grey area for exposures not graded by rating agencies
Close to a third of rated companies do not cooperate with rating agencies
Rating agencies also struggle to find information on default in the event of a non-cooperative entity
 "Close to a third of rated companies do not cooperate with rating agencies")
RIL-Network 18 deal: Tribunal asks Sebi to pass order by November 30
However, more than one year have elapsed and the Securities and Exchange Board of India (Sebi) has not taken a decision
 "RIL-Network 18 deal: Tribunal asks Sebi to pass order by November 30")
Homebuyers body cheers govt's realty push, demands fund transparency
The move is likely to help 4.59 lakh housing units across the country. Only RERA-registered projects with positive networth will be provided funds.
 "Homebuyers body cheers govt's realty push, demands fund transparency")
Offshore derivatives: Sebi eases guidelines for hedging instruments
The eligibility norms for NRIs/OCIs, however, have been retained according to the erstwhile circular.
 "Offshore derivatives: Sebi eases guidelines for hedging instruments")