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Khushboo Tiwari is a special correspondent with Business Standard. She reports on the capital markets, regulatory developments at Sebi and IFSCA, market intermediaries, and legal matters involving corporate houses. Earlier, she worked in broadcast news for over five years. In her free time, she prefers to paint, sketch, trek, and catch up on on her reading and writing. Tiwari likes to explore off-beat places and learn new languages. She is a post-graduate from the Indian Institute of Mass Communication (IIMC).
Khushboo Tiwari is a special correspondent with Business Standard. She reports on the capital markets, regulatory developments at Sebi and IFSCA, market intermediaries, and legal matters involving corporate houses. Earlier, she worked in broadcast news for over five years. In her free time, she prefers to paint, sketch, trek, and catch up on on her reading and writing. Tiwari likes to explore off-beat places and learn new languages. She is a post-graduate from the Indian Institute of Mass Communication (IIMC).
Sebi has charged the violators under the Prevention of Fraudulent and Unfair Trade Practices Regulations for alleged misrepresentation of financial statements
Most applications have either been withdrawn or stand rejected
The stock exchanges launched the platform in February 2020 to bring transparency in over the counter deals
Experts feel Sebi diktat may deter those with non-financial background from joining boards
But keeps Sebi ban on taking up new clients
The Fintech department of the RBI will act as a nodal point for receiving applications under this initiative
New hires demand compensation beyond standard hikes to make up for impact on take-home pay due to the skin-in-the-game norms; seasoned professionals quit in droves
Narayan, who has been a member of various advisory committees of Sebi and RBI, has been appointed for an initial period of three years.
Regulator equipped with numerous new algos for surveillance, inspection, says chairperson
Looks at how market-wide position limits are calculated for commodity derivatives contracts
Orders it to wind down operations in six months
However, industry experts feel that with tighter rules, brokerages will need to have higher working capital and will involve operational risk of transferring large amounts
Among other things, the cooling-off period required between two OFSs has been reduced to as less as two weeks from 12 weeks at present
Passes final order in CG Power fund diversion case; also fines Avantha Holdings Rs 5 cr and deal lenders IndusInd Bank and Aditya Birla Finance Rs 1 cr each
Even registered portfolio managers cannot offer products with fixed returns, and are not allowed to accept funds or securities worth less than Rs 50 lakh from a client
Company promoters bought shares even when they held more than 75 per cent
The Sebi has embarked upon an ambitious plan to implement an IPO-like payment system for secondary market trading
Calling data a public infrastructure, Sebi chairperson recently spoke in favour of enforcing free accessibility
Sebi's planned move could upend Rs 30,000-crore broking industry
Regulator not against algo trading but businesses 'cannot be a black box', she says