Page 73 - Latest Updates on SEBI
Market regulator Sebi extends MF expense structure to new asset class
Regulator notifies investment rules for 'specialised investment fund'
 "Market regulator Sebi extends MF expense structure to new asset class")
AIFs can play critical role in job creation: Former Sebi chief Sinha
The career bureaucrat who served as Sebi chairman for 6 years said there are other challenges confronting the economy as well, but singled out jobs as a critical function where AIFs can be of help
 "AIFs can play critical role in job creation: Former Sebi chief Sinha")
Developing LLM to cut approval times further: Sebi member Narayan
LLMs are advanced AI systems designed to understand and generate human language. They use deep learning techniques and are trained on massive amounts of text data
 "Developing LLM to cut approval times further: Sebi member Narayan")
Market regulator Sebi weighs easing norms for Alternative Investment Funds
With the checks and balances now in place, we are in a position to consider greater product and innovation flexibility to AIFs, Ananth Narayan, a whole-time member of Sebi board said
 "Market regulator Sebi weighs easing norms for Alternative Investment Funds")
Sebi issues administrative warning letter to HDFC Bank over non-compliance
n a letter to the bank, Sebi said the violations by the bank have been viewed seriously, and the bank has been warned to be careful in future
 "Sebi issues administrative warning letter to HDFC Bank over non-compliance")
Sebi plans to introduce rules to streamline algo-trading for amateurs
Under the proposal, stock brokers can offer such a facility to retail investors only after getting each program approved by the stock exchanges
Cong raises conflict of interest allegations against Sebi chief in LS
Venugopal said between 2017-2024, Buch allegedly received over Rs 16.4 crore from ICICI bank while serving as a Securities and Exchange Board of India (SEBI) official regulating that bank
 "Cong raises conflict of interest allegations against Sebi chief in LS")
Laxmi Dental secures Sebi approval to raise funds by launching IPO
The proposed IPO is a combination of a fresh issue of equity shares worth Rs 150 crore and an offer for sale (OFS) of 12.8 million shares by promoters and other shareholders
 "Laxmi Dental secures Sebi approval to raise funds by launching IPO")
GK Energy files draft IPO papers with Sebi, aims to raise Rs 500 cr
According to the draft papers filed on Friday, proceeds from the fresh issue to the tune of Rs 422.46 crore will be used to fund its long-term working capital requirements
 "GK Energy files draft IPO papers with Sebi, aims to raise Rs 500 cr")
Street Signs: Blow for unlisted trading platforms, LIC boost for REIT mkt
Life Insurance Corporation (LIC) of India has made its first investment in a real estate investment trust (Reit), marking a milestone more than five years after the product's launch in India
 "Street Signs: Blow for unlisted trading platforms, LIC boost for REIT mkt")
Sebi enacts significant changes to disclosure and RPT regulations
Ex-WTM S K Mohanty-led expert panel laid the groundwork for these reforms
 "Sebi enacts significant changes to disclosure and RPT regulations")
Market regulator Sebi's new product: MF's efficiency, PMS' control
New product poses a threat to the PMS industry by combining the advantages of both PMS and MF. Most PMS providers will apply for MF licences to offer new product
 "Market regulator Sebi's new product: MF's efficiency, PMS' control")
Sebi mulls guardrails for retail algo trades to address regulatory gaps
Proposes mandatory empanelment of algo providers, restriction on open API use
 "Sebi mulls guardrails for retail algo trades to address regulatory gaps")
Sebi clarifies 'exclusions' from pro-rata distribution mandate for AIFs
Sebi has also allowed managers or sponsors of fund, development financial institutions, or government-owned entities to accept lower returns or share losses beyond their pro-rata rights in investments
Sebi extends deadline to Dec 31 for comments on clearing corps' ownership
In its consultation paper, Sebi proposed diversifying and widening the ownership of the clearing corporations, which are at present wholly-owned subsidiaries of stock exchanges
Sebi extends date for comments on appointment process of officials at MIIs
The agency should submit recommendations to the Nomination and Remuneration Committee (NRC) for evaluating the recommendations and forwarding them to both the governing board of the MII and Sebi
Sebi mulls facilitating participation of retail investors in algo trading
Further, the regulator proposed spelling out the rights and responsibilities of the main stakeholders of the trading ecosystem -- investors, stock brokers, algo providers/ vendors and Market
Sebi trying to reduce float to cut risk, bring transparency: WTM Narayan
Ananth Narayan says total float with brokers, custodians equals a mid-sized bank
 "Sebi trying to reduce float to cut risk, bring transparency: WTM Narayan")
Sebi likely to tighten norms for SME listing, widen UPSI definition
Decision likely at board meeting scheduled on December 18
 "Sebi likely to tighten norms for SME listing, widen UPSI definition")
HDFC Bank discloses Sebi warning letter over regulatory non-compliance
Experts say an administrative warning is a less severe action than a fine. However, it serves as a formal notice of non-compliance
 "HDFC Bank discloses Sebi warning letter over regulatory non-compliance")