Page 3 - Sebi

PhonePe CEO Sameer Nigam backs DPDP Act, says no impact on business

PhonePe founder and Chief Executive Officer Sameer Nigam on Tuesday said the fintech major is not concerned about the impact of the Digital Personal Data Protection (DPDP) Act on its business operatio

Derivatives trading may need more guardrails, says Sebi's KVR Murty

Business Standard BFSI Summit: Sebi's KVR Murty says the regulator is considering whether more guardrails are needed for derivatives trading, particularly amid heightened activity on expiry days

BFSI Summit 2026: Mapping India's financial future, next phase of growth

The three-day Business Standard BFSI Insight Summit begins in Mumbai on October 26, bringing together regulators and industry leaders to discuss banking, markets, AI and economic growth.

Market reforms: The unfinished agenda

Consistent publication of dispute rulings, standardised document requirements for claims and a name-based search facility could help families trace unclaimed mutual fund investments

Sebi reviews short selling, SLB rules; plans AI sandbox, bond market-making

The regulator is also finalising responsible AI guidelines, developing graded broker compliance norms and working on measures to improve capital efficiency and supervision

Sebi mulls automatic approval for investments, activities by exchanges

Sebi has proposed an automatic approval route for certain activities and investments by market infrastructure institutions, subject to financial limits and governance safeguards.

Sebi orders Avadhut Sathe Trading Academy and its founder to refund ₹546 cr

Markets regulator Sebi on Friday directed Avadhut Sathe Trading Academy Pvt Ltd (ASTAPL) and its Founder Avadhut Sathe to refund Rs 546.17 crore collected from participants for providing unregistered investment advisory and research analyst services, along with interest of Rs 67.87 crore. The regulator has also barred the academy and Sathe from accessing the securities market for two years or until compliance with the refund direction, whichever is later. In its 171-page final order, the regulator imposed a total penalty of Rs 11.5 crore on the academy, Sathe and Gouri Avadhut Sathe for violations of securities market regulations. The academy has been fined Rs 6 crore, Sathe has been fined Rs 4 crore, while Gouri Avadhut Sathe has been penalised Rs 1.5 crore. The regulator found that the academy and Sathe provided investment advice and research recommendations through paid programmes, sessions and WhatsApp groups without obtaining the required registration. It also found that ...

Sebi eases call-recording mandate for research analysts dealing with funds

Market regulator Sebi on Friday eased the mandatory requirement for research analysts to maintain call recordings of their interactions with institutional investors to reduce compliance burden and improve ease of doing business. In a circular, the Securities and Exchange Board of India (Sebi) said research analysts and entities will no longer be mandatorily required to maintain call recordings of interactions with institutional investors. However, they will continue to be required to maintain records of their interactions with all clients, including prospective clients, through means such as signed physical records, emails, SMS messages, call recordings or any other legally verifiable method. The records are required to be maintained for five years. In cases where a dispute has been raised, the records will have to be preserved until its resolution. They also need to be retained if Sebi directs that specific records be preserved. The regulator clarified that call recordings are not

Whistleblower tipoffs on insider trading up sharply as Sebi gets 25 in FY26

Whistleblower reports rise as market expands, but experts call for greater transparency, stronger safeguards and wider coverage of violations

Sebi warns investors against fraudulent WhatsApp stock tip groups

The market regulator warned that unregistered entities use invitation-only WhatsApp groups, fabricated profit testimonials and overseas numbers to lure unsuspecting investors

Sebi allows margin relief on subsequent trades against early pay-in

Sebi has allowed margin relief on subsequent cash-market trades against accepted early pay-in of securities, easing margin requirements for clients with net sell obligations.

Nippon Life India AMC gets Sebi nod to settle Yes Bank AT-1 bond case

Nippon Life India AMC received in-principle regulatory approval to settle the Yes Bank AT-1 bond case after paying ₹96.76 crore, while its September-quarter net profit fell nearly 6%.

NCDEX launches NDEX, FINNDEX in push to become multi-segment exchange

NDEX tracks 20 large and liquid stocks while FINNDEX covers 15 financial companies, as the exchange expands beyond agricultural commodities into equities

Jane Street appeal: SAT reserves order on plea for additional Sebi records

Jane Street sought order logs and counterparty details from Sebi to prepare its defence against the July 2025 interim order alleging manipulation of the Bank Nifty index.

Best of Opinion: IDBI sale revives hopes for stalled disinvestment drive

Today's editorials and columns examine Sebi's revised closing auction framework, leadership vacancies in higher education, PSU disinvestment, insolvency delays and a book exploring Delhi's history.

Improved closing auction

Sebi should aim to increase participation

1 Finance gets Sebi in-principle nod to launch passive-only MF business

The wealth-tech firm plans to launch its MF Lite fund house in Q4FY27 after meeting regulatory requirements, potentially becoming the first AMC under Sebi's new framework

Sebi's CAS rollback may offer new lifeline to Indian derivatives market

The reversal could provide a much-needed boost to a market grappling with regulatory curbs aimed at reining in speculative trading

Sebi's CAS changes may revive participation on expiry days: Analysts

Revised settlement prices and a shorter closing auction session could reduce uncertainty and encourage derivatives participation from December 7

Mutual funds halt new gold FoF investments, ETF channel kept open

Restrictions come amid soaring gold investments and at a cost for AMCs