Page 82 - Latest Updates on SEBI
Amid growing concerns of risks, Sebi amends rules to regulate finfluencers
n three separate notifications, the regulator has restricted associations between its regulated entities and unregistered individuals
 "Amid growing concerns of risks, Sebi amends rules to regulate finfluencers")
Sebi proposes mandatory maintenance of communication record for eight yrs
The move is aimed at improving regulatory compliance, increase transparency, protect investors' interest and boost their confidence in the securities market
 "Sebi proposes mandatory maintenance of communication record for eight yrs")
Market buoyancy significantly boosts success rate of firms launching IPOs
The IPO filing-to-approval lapsing ratio this year is the best in three years, underscoring the improvement in the IPO market's buoyancy
 "Market buoyancy significantly boosts success rate of firms launching IPOs")
In first address after Hindenburg, Sebi chair urges 'trust, compliance'
Puri Buch declined to address the allegations or the questions surrounding her ownership in consultancy firms on the sidelines of the event
 "In first address after Hindenburg, Sebi chair urges 'trust, compliance'")
Sebi mulls proposals on PIDs' appointment process at key institutions
For improving ease of doing business for PIDs, the proposals include easing documentation requirements when being considered for PID appointment
Sebi receives suggestions from stakeholders on F&O trading discussion paper
These measures are aimed at enhancing investor protection and promoting market stability in derivative markets
 "Sebi receives suggestions from stakeholders on F&O trading discussion paper")
Industry came forward for rules on small, medium Reits, says Sebi chief
Sebi implemented regulations for SM Reits aimed at significantly increasing investor interest
 "Industry came forward for rules on small, medium Reits, says Sebi chief")
Sebi proposes overhaul of investment banking norms amid boom in ECM
10x hike in net worth; more clarity on roles, responsibilities
Sebi proposes mandatory UPI block secondary market for larger brokers
Under the block mechanism, the amount is not deducted from the bank account unless the transaction takes place
 "Sebi proposes mandatory UPI block secondary market for larger brokers")
Sebi seeks RBI support to boost participation in corporate bond repo market
Market players said that ARCL is not classified as a Qualified Central Counterparty (QCCP), which restricts participation from banks and PDs
 "Sebi seeks RBI support to boost participation in corporate bond repo market")
Sebi cautions against 'unrealistic picture' painted by SME promoters
Cites recent findings on promoter misconduct and fictitious transactions to inflate price
HC orders Sebi, NSE, BSE to pay Rs 80 lakh for illegal demat a/c freezing
Court termed freezing a classic example of "high-handed and reckless" action
 "HC orders Sebi, NSE, BSE to pay Rs 80 lakh for illegal demat a/c freezing")
Sebi cautions investors against SME companies doing price manipulation
The actions create a positive sentiment amongst investors, which induces them to purchase such securities
Sebi bans Rana Sugars' promoters from mkt for 2 yrs; imposes Rs 63 cr fine
Individually, Sebi imposed penalties in the range of Rs 3 crore to 7 crore on Rana Sugars, its promoters, and other related entities
Regulators' panel brainstorm on taking action on spammers making robo calls
The regulators deliberated on business entities making commercial voice calls using cloud-based telephony and fixed-line connection-based private exchanges
 "Regulators' panel brainstorm on taking action on spammers making robo calls")
hBits aims to list first SM REITs by Q3FY25, applies for licence with Sebi
The company stated that this strategic move is part of hBits' commitment to democratising access to commercial real estate investments for retail investors across India
 "hBits aims to list first SM REITs by Q3FY25, applies for licence with Sebi")
NSE files for Sebi NOC to gain approval for long-awaited IPO listing
In its annual general meeting held on Tuesday, the exchange informed shareholders that the board had given approval to file for a fresh NOC with the market regulator
 "NSE files for Sebi NOC to gain approval for long-awaited IPO listing")
CDSL, Citibank N A settle alleged regulatory violation cases with Sebi
CDSL and Citibank N.A (DDP) paid Rs 1.3 crore and Rs 40.2 lakh, respectively, towards settlement charges, according to separate orders passed by Sebi
Deepak Shenoy's Capitalmind gets in-principle approval for MF foray
Capitalmind joins the likes of Angel One and Unifi Capital in the queue for a final MF licence
 "Deepak Shenoy's Capitalmind gets in-principle approval for MF foray")
Capitalmind gets Sebi's in-principle approval to launch MF business
As a portfolio manager, Capitalmind currently manages over Rs 2,200 crore in assets under management (AUM) for more than 1,150 clients