Page 50 - Sebi Norms

Sebi floats paper proposing split of investment advisor, distributor roles

Further, the regulator has proposed two mechanism under which an investment adviser can charge fees -- Assets under advice (AUA) mechanism of fees and fixed fees.

Giving in to lobbying

Deadline extension for splitting CMD post is unfortunate

Sebi directs exchanges to implement a framework to monitor margins

The move is likely to have a wider impact on volumes in the futures & options (F&O) segment, in which leveraged intra-day trades had been a common practice

Investment advisers to have net worth of $1.5 mn for operating in IFSC

An applicant needs to have a net worth of not less than USD 1.5 million (about Rs 10.5 crore)

Sebi brings new system audit norms for exchanges, clearing corporations

The decision has been taken based on discussions with stock exchanges, clearing corporations and depositories along with recommendations of Sebi's Technical Advisory Committee

New F&O norms: Brokers to meet Sebi over intra-day margin restrictions

For now, brokerages are bracing for a dip in trading volumes, given that the curbs on leverage trades - effective from January - are likely to hurt transactions in the F&O segment

No advice sans risk-profile of the client, Sebi to investment advisers

Regulator bans free trials, says no to cash deposits as fees

Search on for new whole-time member of Sebi; Ajay Tyagi's future uncertain

Tyagi's tenure ends on February 28, 2020, while whole-time member Madhabi Puri Buch is completing her three-year term on April 4, 2020

Sebi puts in place mandatory stewardship code for mutual funds, AIFs

Stewardship code is a principles-based framework that assists institutional investors in fulfilling their responsibilities to help them protect and enhance the value of their clients and beneficiaries

Investments via P-notes hit 13-month low of Rs 69,670 cr at Nov-end

The investment at September-end stood at Rs 76,611 crore and then marginally rose to Rs 76,773 crore at October-end

Sebi revamps advisory committee on Investor Education and Protection Fund

The panel is mandated to recommend investor education and protection activities that may be undertaken directly by the market regulator or any other agency for utilisation of IPEF

Positive impact of the insolvency law to be visible in 5 years: Ajay Tyagi

The Code came into force in December 2016

Sebi bans Trade India Research's proprietor from capital markets

The order comes after the Sebi received various complaints against proprietor Neha Gupta

Importance is given to all complaints, even anonymous ones, says Sebi

It may not be able to handle complaints that are not specific or substantiated or verifiable, Sebi said

Firms can file papers for issues worth Rs 750 cr at regional offices: Sebi

Till now, merchant bankers on behalf of the companies were allowed to file the papers for issues worth up to Rs 500 crore with regional office of Sebi concerned.

Karvy scandal fallout: Brokers fear escalation of compliance costs

Market regulator Sebi is expected to further tighten regulatory framework for brokerages

Sebi provides breather for MFs with over 10% exposure to group firms

Sebi has asked all asset management companies to publish on their respective websites a list of their group companies and those of their sponsor

Cannot take action against MII as complainant not reachable, says Sebi

The purported whistleblower shared his unsubstantiated allegations with various media houses, some of which taking cognisance of his allegations printed articles without any evidence

Karvy Stock Broking scandal: Sebi unlikely to provide relief to lenders

SAT has directed Sebi to pass an order on the matter by December 12. Sebi's circular in June had said clients' securities that were pledged must be unpledged and returned to them

Karvy crisis: Sebi gives time to six brokers to wind up client accounts

Sebi wants these brokers to remove the pledges and return the shares to the clients (those who paid the dues)