Page 74 - Latest Updates on SEBI
Sebi issues warning letter to HDFC Bank for regulatory non-compliance
HDFC Bank said that it will take necessary steps to address the concerns and directives mentioned in the letter
 "Sebi issues warning letter to HDFC Bank for regulatory non-compliance")
New SIP rule: SEBI mandates MF companies to process cancellations in 2 days
This revised timelines for cancellation of SIPs has come into effect from December 1, 2024
 "New SIP rule: SEBI mandates MF companies to process cancellations in 2 days")
Go with regulated entity: Listed bonds subject to ratings, oversight
Unlisted securities, issued by smaller companies, often promise high interest rates of 15-18 per cent to attract investors
 "Go with regulated entity: Listed bonds subject to ratings, oversight")
What extending T+0 settlement to 500 stocks may mean for market liquidity
According to the Sebi circular, the T+0 cycle will be available on an optional basis for the top 500 companies by market capitalisation from January 31, 2025
 "What extending T+0 settlement to 500 stocks may mean for market liquidity")
Sebi for using DigiLocker to reduce unclaimed assets in securities market
In case of a user's death, DigiLocker will update the account status based on death registration data from the Registrar General of India, or information from the KRA system, the regulator proposed
 "Sebi for using DigiLocker to reduce unclaimed assets in securities market")
Investment bank DAM Capital Advisors gets Sebi's nod to launch IPO
Proposed IPO is solely an offer-for-sale (OFS) of 32 mn equity shares, with no fresh issue component, according to the draft red herring prospectus (DRHP)
 "Investment bank DAM Capital Advisors gets Sebi's nod to launch IPO")
Sebi aims to ease the process on unclaimed assets through DigiLocker
This move is expected to simplify the process of claiming unclaimed assets and provide greater convenience to investors and their nominees
 "Sebi aims to ease the process on unclaimed assets through DigiLocker")
Sebi widens scope of T+0 settlement to top 500 stocks from Jan 31
Sebi announced a block deal window from 8:45 am to 9:00 am for the T+0 settlement cycle, in addition to the existing block deal windows for the T+1 settlement
 "Sebi widens scope of T+0 settlement to top 500 stocks from Jan 31")
Sebi revises guidelines for real-time performance monitoring of MIIs
Under the guidelines, market infrastructure institutions (MIIs) have been directed to develop future-ready frameworks to estimate capacity needs based on trends, historical data, transaction growth
Sebi permits ICEX to exit bourse business after recognition withdrawn
Additionally, the regulator has directed ICEX to comply with its tax obligations under the Income Tax Act, 1961, change its name and not to use the expression "stock exchange"
Markets Today: Wall St. in red, FIIs, Property Share listing, Gold & Oil up
At 6:35 AM, GIFT Nifty futures were trading 50 points higher at 24,753 levels, hinting at an upbeat start
 "Markets Today: Wall St. in red, FIIs, Property Share listing, Gold & Oil up")
Cracking the whip: Why Sebi is tightening rules for public issues of SMEs
SME IPO is a red-hot market segment. Many of these floats routinely see 100-time subscription and massive gains upon listing
 "Cracking the whip: Why Sebi is tightening rules for public issues of SMEs")
Sebi warns against unauthorised platforms for unlisted securities
Sebi highlighted that these platforms operate in violation of the Securities Contracts (Regulation) Act, 1956, and the Sebi Act, 1992, which are designed to protect investors' interests
Street Signs: Nifty racing past resistance, BSE's high-wire act, more
Shares of BSE have surged more than 20 per cent in less than two weeks, defying concerns surrounding the Securities and Exchange Board of India's (Sebi's) new futures and options
 "Street Signs: Nifty racing past resistance, BSE's high-wire act, more")
FPI lobby opposes Sebi's proposed norms for regulating AI and ML
Asifma seeks shared responsibility for AI-related breaches
 "FPI lobby opposes Sebi's proposed norms for regulating AI and ML")
Sebi revamps investor charter to boost transparency, grievance redressal
The updated charter has emphasised on ensuring confidentiality of investor information and providing the right to exit at fair and reasonable terms from securities market related products or services
 "Sebi revamps investor charter to boost transparency, grievance redressal")
Overbearing secondary market: Time for business channels to refocus
For the public good, business channels must broaden their focus and look beyond stock market trading
 "Overbearing secondary market: Time for business channels to refocus")
Sebi proposes converting ITM options into futures one day before expiry
Proposed framework on the lines of one followed in the commodity market
Sebi mulls new framework to help passive funds reduce tracking error
Separate call auction session proposed to mitigate final hour volatility
Star Agriwarehousing files IPO papers with Sebi, aims to raise Rs 450 cr
The company may consider raising Rs 90 crore through a pre-IPO placement
 "Star Agriwarehousing files IPO papers with Sebi, aims to raise Rs 450 cr")