Page 96 - Latest Updates on SEBI
Mkt regulator Sebi notifies mutual fund norms to prevent market abuse
Fund houses to put in place whistle-blower policy, top management to shoulder more responsibilities
 "Mkt regulator Sebi notifies mutual fund norms to prevent market abuse")
AT-1 bonds' valuation by mutual funds to be based on yield-to-call: Sebi
Yield to call is the expected return an investor gets if they buy a bond and hold it until the issuer repurchases it on the call date, before maturity
 "AT-1 bonds' valuation by mutual funds to be based on yield-to-call: Sebi")
Valuation of AT-1 bonds held by MFs will be based on yield to call: Sebi
AT-1 bonds are perpetual bonds issued by banks to raise money to meet regulatory capital requirements
 "Valuation of AT-1 bonds held by MFs will be based on yield to call: Sebi")
Market regulator Sebi proposes faster credit, trading of bonus shares
The move is to facilitate fast credit and trading of shares allotted during the bonus issue and reduce investors' risk of market volatility due to any delay in the credit
 "Market regulator Sebi proposes faster credit, trading of bonus shares")
Sebi proposes uniform timeline to ensure credit, trading of bonus shares
Currently, after a bonus issue, existing shares continue to trade under the same ISIN, and the new bonus shares are credited and available for trading within 2-7 working days post record date
 "Sebi proposes uniform timeline to ensure credit, trading of bonus shares")
Sebi amends mutual fund rules to curb front-running, insider trading
This came in the wake of Sebi's passing two orders regarding front-running cases involving Axis AMC and Life Insurance Corporation of India (LIC)
 "Sebi amends mutual fund rules to curb front-running, insider trading")
Sebi to relax norms for registered investment advisors, research analysts
According to industry estimates there are more than 1,300 RIAs but only 300 of them are members of the association of RIAs
 "Sebi to relax norms for registered investment advisors, research analysts")
Sebi to release paper on easing norms for investment advisor registration
The capital markets regulator will come out with a consultation paper which will have proposals on relaxing registration requirements for investment advisors and research analysts by Monday or Tuesday
Sebi says it's considering 'demystified filing' to speed up IPO approvals
Regulator to also bring a combo-product of rights issue and preferential allotment
 "Sebi says it's considering 'demystified filing' to speed up IPO approvals")
India ranks one in number of IPOs and issuances globally: Sebi's Buch
Sebi Chairperson Madhabi Puri Buch said that Sebi is working towards simplifying the IPO documents and filing templates
 "India ranks one in number of IPOs and issuances globally: Sebi's Buch")
Only 30 pin codes in India with no investors: NSE MD, CEO Ashish Chauhan
Recently, more retail investors are showing interest in stock market investing as they are moving away from traditional investment strategies
 "Only 30 pin codes in India with no investors: NSE MD, CEO Ashish Chauhan")
Mkt regulator Sebi sets riders for university funds disclosure exemptions
Says exemption will be granted only if the fund's India equity AUM is less than 25% of the global AUM and global AUM is higher than Rs 10,000 crore
 "Mkt regulator Sebi sets riders for university funds disclosure exemptions")
Sebi fines JM Financial Asset Management, former CEO for flouting rules
In its order, Sebi noted that these five persons invested in certain JM Financial Mutual Fund schemes, holding defaulted Dewan Housing Finance Corporation Ltd (DHFL) securities before valuation change
 "Sebi fines JM Financial Asset Management, former CEO for flouting rules")
IPO Alert! Paras Healthcare files DRHP with Sebi for public issue; Details
The public issue comprises a fresh issue of equity shares of up to Rs 400 crores and an offer for sale of up to 14,974,010 equity shares by the selling shareholders, with a face value of Re 1 apiece
 "IPO Alert! Paras Healthcare files DRHP with Sebi for public issue; Details")
Hero FinCorp files papers with Sebi to raise Rs 3,668 crore via IPO
Proceeds from the fresh issue will be used to increase the company's capital to meet future funding needs for lending activities
 "Hero FinCorp files papers with Sebi to raise Rs 3,668 crore via IPO")
Govt exempts PSUs from meeting public shareholding norms for 2 years
All listed Indian companies, including public sector firms, are required to maintain a minimum public shareholding of 25% as per the market regulator's rules
Sebi clarifies on reports pertaining T+0 system mandatory for all
"This has been erroneously reported in a section of the press as Sebi bats for making the T+0 system mandatory for all," the regulator said
BSE shares rise 6% after Sebi proposes stricter derivatives trading rules
SoftBank-backed SaaS platform Unicommerce eSolutions Ltd will launch its initial public offering (IPO) on August 6.
 "BSE shares rise 6% after Sebi proposes stricter derivatives trading rules")
Sebi F&O proposals seen further boosting appeal of options segment
Share of index options up from 5% to 29% over past 4 years
'Sebi's plan on index derivatives to reduce volumes, lower volatility'
In its consultation paper, Sebi proposed 7 measures, like increasing minimum contract size and collection of option premiums, intra-day monitoring of position limits, rationalising strike prices