Page 98 - Latest Updates on SEBI
Married traders outperform single counterparts in profit-making: Sebi study
During FY23, male traders with annual intraday turnover more than Rs 1 crore, incurred an average loss of Rs 38,570 as compared to average loss of Rs 22,153, incurred by female traders
 "Married traders outperform single counterparts in profit-making: Sebi study")
Standard Glass Lining Technology files DRHP with Sebi to raise Rs 600 cr
The company will decide the offer price, floor price and cap price in consultation with BRLMs (Book Running Leader Managers), and on the basis of assessment of market demand for the equity shares
 "Standard Glass Lining Technology files DRHP with Sebi to raise Rs 600 cr")
Bajaj Finserv MF launches largecap fund; Greatdeal settles case with Sebi
Sebi proposed guidelines for CRAs to include detailed reasons for rating actions, especially in cases of default and upgrades of default ratings
 "Bajaj Finserv MF launches largecap fund; Greatdeal settles case with Sebi")
Sebi proposes guidelines for CRAs on detailed reasons for rating actions
CRAs have cited operational issues like force majeure events or bank strikes that should be considered in their policies
 "Sebi proposes guidelines for CRAs on detailed reasons for rating actions")
Govt, Sebi warnings pile up as retail participation in stock mkt explodes
The regulator has repeatedly urged small investors to resist their instinct to make a quick buck from trading
 "Govt, Sebi warnings pile up as retail participation in stock mkt explodes")
7 in 10 intraday traders in equity cash suffered losses in FY23: Sebi study
Above trading losses incurred, loss makers expended additional 57 per cent of their trading losses as trading costs in 2022-23, while profit makers spent 19 per cent of trading profits as trading cost
Around 200 registered investment advisors face risk of licence cancellation
Industry asks Sebi to ease entry barriers for investment advisors, reduce compliance burden
 "Around 200 registered investment advisors face risk of licence cancellation")
Sebi extends timeline for inputs on plan to facilitate ease of doing biz
In its consultation paper, the regulator proposed allowing companies to conduct virtual or hybrid shareholder meetings on a permanent basis
'Sebi did not get specific info on unfair trading on LS poll results day'
In a written reply to the Lok Sabha, Minister of State for Finance Pankaj Chaudhary said stock market movements are a function of investor perceptions along with other factors
Overconfidence leading to speculative market activity a concern: Eco Survey
The Indian stock market, the survey said, was among the best-performing markets, with India's Nifty 50 index rising 26.8 per cent during fiscal FY24, as against a drop of 8.2 per cent during FY23
 "Overconfidence leading to speculative market activity a concern: Eco Survey")
Nippon India AMC Q1 profit up 41%; Sebi allows ERPs to operate in IFSCA
Sebi allows credit rating agencies, ERPs to operate in IFSCA
 "Nippon India AMC Q1 profit up 41%; Sebi allows ERPs to operate in IFSCA")
LVMH-backed L Catterton seeks Sebi approval for Rs 4,000 crore India fund
US-based private equity firm L Catterton is likely to invest in India alongside its next Pan Asia dollar fund on a pro-rata basis
 "LVMH-backed L Catterton seeks Sebi approval for Rs 4,000 crore India fund")
Stock exchanges, MIIs to face independent evaluation on eight parameters
Independent evaluation to be done on eight broad parameters
 "Stock exchanges, MIIs to face independent evaluation on eight parameters")
'Sebi proposal on new asset class for high risk takers looks promising'
The new asset class is aimed at bridging the gap between mutual funds and Portfolio Management Services (PMS) in terms of flexibility in portfolio construction
 "'Sebi proposal on new asset class for high risk takers looks promising'")
Want higher returns but don't have millions? Sebi proposes new option
This new product category aims to fill the gap between traditional mutual funds and portfolio management services (PMS) or alternative investment funds (AIFs).
 "Want higher returns but don't have millions? Sebi proposes new option")
Paytm gets Sebi warning for transactions with banking unit, defends itself
Company says it's committed to 'highest compliance standards' after regulator flags related party transactions with Paytm Payments Bank in FY22
 "Paytm gets Sebi warning for transactions with banking unit, defends itself")
Fraud detection framework: Quant MF affair triggers rush to apply new rules
Large AMCs to expedite setting up of institutional mechanism
 "Fraud detection framework: Quant MF affair triggers rush to apply new rules")
Sebi proposes provisions for summary proceedings in intermediaries rules
Summary proceedings allow the entity to present reasons why the facts leading to the proceedings should not result in adverse consequences against it
Sebi amends investment rules; lays framework for employment benefit scheme
As per Sebi, the investment manager or manager can receive the units of InvIT/REIT in lieu of management fees, for the purpose of providing unit-based employee benefits
 "Sebi amends investment rules; lays framework for employment benefit scheme")
Paytm gets warning from Sebi for old transactions with banking unit
Paytm, in its response, said it believes it has consistently acted in compliance with regulation, and added that there is no impact on financials and operations of the company due to the warning