Page 49 - Sebi Norms

Sebi panel suggests tweaks to enhance regulator's enforcement function

Dave panel identifies four broad areas the need to be revamped, seeks to quicken process leading to issuance of final order against an intermediary

Sebi files appeal in Gujarat High Court over stay on Franklin e-voting

The e-voting, which was scheduled on June 9, was suspended following Gujarat HC's decision

Sebi clears ambiguity on seed capital investment required for NFO

Sebi's Friday circular read that the investment shall be made in growth option of the fund and where growth is not available, it should be made in dividend re-investment option.

Happiest Minds files IPO papers with Sebi; JP Morgan fund to exit

Happiest Minds, which becomes the first player to file a share sale document since March, will list its shares in both NSE and BSE post the offer

Sebi penalises one person found guilty in Bata India WhatsApp leak case

WhatsApp chats extracted from the seized devices were examined further and while examining the chats, it was found that earnings data and other financial information of around 12 companies were leaked

Credit funds could see unlisted exposure rise over high redemptions

Shrinking asset size has added to challenges in bringing down levels of such investments

NCDEX launches agriculture index futures, trading to start on Tuesday

Agridex represents produce grown in India and is not linked to any external benchmark; it will be available initially for trading of contracts expiring in June, July, September and December

Sebi eases 90-day curing period norm for defaulting firms post-downgrade

Raters can move company to speculative grade on case-by-case basis

Sebi gives exit option to Franklin Templeton's mutual fund investors

Experts say Sebi's move could also help in creating a market, where investors can get some access to liquidity even in stressed debt portfolios

Sebi advises India Inc to make enhanced disclosures on Covid-19 biz impact

Market regulator observed that while many have made qualitative disclosures like shutting down and sanitation measures undertaken, only a few have dwelt on financial impact

Sebi grants temporary relief to companies from public float norms

Sources say companies had approached the regulator seeking relaxation citing unfavorable market conditions through investment bankers and industry bodies

Sebi trains guns on Greater China, wants beneficial owners of FPIs named

This is the fourth such communication from the market regulator to the designated depository participants/custodians in a month

Sebi further extends timelines for debt mutual funds to meet new norms

Norms have been extended till June 30, 2020

Anonymous letter prompts ICEX board to order a forensic audit

A copy of the letter, which alleges misuse of liquidity incentives scheme, was also senr to Sebi

ANMI seeks Sebi, FinMin intervention as Franklin closes 6 MF schemes

FTMF stunned all by deciding to shutter operations of six schemes with assets under management of more than Rs 25,000 crore

Sebi eases default valuation for MFs, allows valuers to make exceptions

According to market participants, the move will help in stalling mark-to-market impact on portfolios of debt schemes due to the cornavirus-related lockdown and provide relief on exposures to NBFCs

Sebi grants breather to firms, extends expiration date for IPO approvals

At present, the approvals given to IPOs are valid for a period of 12 months from the date of Sebi's final "observation". This has been extended by six months

Covid-19: Sebi further eases disclosure norms for India Inc amid lockdown

the market regulator said that companies can now intimate stock exchanges about their board meetings for declaring financial results two days in advance

Covid-19: Sebi curtails cut-off timings for mutual funds from 3 pm to 1 pm

Equity scheme investors will have to invest before 1 pm to get same day's net asset value

Sebi defers key market reforms due to disruption caused by pandemic

The regulation was aimed at increasing voting participation and improving corporate governance standards