Page 86 - Sebi

'Sebi did not get specific info on unfair trading on LS poll results day'

Capital markets regulator Sebi has not received any specific information on any 'unfair trading' in the stock market crash on the Lok Sabha poll results day on June 4, which wiped out billions of investors wealth, Parliament was informed on Monday. 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. He was replying to question whether it is a fact that there is an unprecedented fall of stock prices and points amounting to a loss of Rs 30 lakh crores to investors immediately after the general elections-2024 results. The minister was also asked if it is a fact there was a demand to investigate the matter by the Securities and Exchange Board of India. "Though SEBI has received representations on the above stock market movements, no specific information on any unfair trading has been provided," Chaudhary said in his reply. Benchmark BSE Sensex had shot up 3.4 pe

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

Nippon India AMC Q1 profit up 41%; Sebi allows ERPs to operate in IFSCA

Sebi allows credit rating agencies, 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

Stock exchanges, MIIs to face independent evaluation on eight parameters

Independent evaluation to be done on eight broad parameters

'Sebi proposal on new asset class for high risk takers looks promising'

Capital markets regulator Sebi's proposal for introducing a new asset class for high-risk profile investors can help them gain access to a newer set of strategies including long-short equity fund and inverse Exchange-traded Fund (ETF). 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. The Sebi's consultation paper floated on Tuesday on 'new asset class' and creating a structure for differentiated, higher risk strategies looks very promising, Radhika Gupta, MD and CEO of Edelweiss Mutual Fund said. "India is finally opening up to different investment products, styles and approaches. Passive, factor, inverse ETFs, alts and more. There is no single way to invest," she added. In its consultation paper, the regulator said the new asset class will provide a regulated product with features like SIP (Systematic Investment Plan), higher risk-taking capability, and a higher ticket .

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).

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

Fraud detection framework: Quant MF affair triggers rush to apply new rules

Large AMCs to expedite setting up of institutional mechanism

Sebi proposes provisions for summary proceedings in intermediaries rules

Capital markets regulator Sebi on Tuesday proposed introducing provisions for "summary proceeding" in the intermediaries rules to handle certain violations of securities laws by intermediaries more swiftly and efficiently. In this regard, the Securities and Exchange Board of India (Sebi) has floated a consultation paper to invite public comments till August 6 on proposed amendments to the Intermediaries Rules, 2008. Summary proceedings allow the entity to present reasons why the facts leading to the proceedings should not result in adverse consequences against it. Earlier, summary proceedings were part of Chapter III of the erstwhile Sebi (Procedure of Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002. However, with the promulgation of the Intermediaries Regulations in 2008, these rules were repealed in May 2008. In its consultation paper, Sebi said the proposed provisions of the summary proceedings will include the provisions for identifying the cases for

Byju’s vs BCCI, IAS Puja Khedkar & more Top #news in 1 min

Paytm gets Sebi warning Sebi has issued an administrative warning to the parent company of Paytm

Sebi amends investment rules; lays framework for employment benefit scheme

Capital markets regulator Sebi came out with a framework for a unit-based employment benefit scheme for investment trusts -- REITs and InvITs. Under the framework, Sebi has prescribed the manner of the implementation of the scheme through a trust, the manner of receiving units by the employee benefit trust and the manner of allotment of units to the employee benefit trust by REIT (Real Estate Investment Trust) and InvIT (Infrastructure Investment Trust). In two separate notifications, Sebi said the 'unit-based employee benefit scheme' would be in the nature of the employee unit option scheme. Employee unit option scheme refers to a scheme under which the investment manager grants unit options to its employees through an employee benefit trust. The implementation of the scheme would be done through a separate Employee Benefit Trust (EB Trust) which can be created by the manager of a REIT or the investment manager of InvIT. The units held by EB Trust would be used only for the limite

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

Sebi fines Monetary Solutions with Rs 25 lakh for violating market norms

Capital markets regulator Sebi on Monday levied a fine of Rs 25 lakh on Monetary Solutions for flouting regulatory rules. The Securities and Exchange Board of India (Sebi) inspected Monetary Solutions (Proprietor Ankit Vyas), a Sebi-registered individual investment adviser during September 19-23, 2022. The focus of the inspection was to look into compliance with regulatory requirements under PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) and IA (Investment Advisers) rules. After the inspection, the regulator issued show-cause notices to Monetary Solutions for the violations of norms. "I observe that the noticee (Monetary Solutions) advertised fake testimonials and its past performance on its website to demonstrate the accuracy of its tips to lure the investors by showing profit generated by those tips and thereby tried to deceive its clients," Sebi's Adjudicating Officer Barnali Mukherjee said in the order. Further, the regulator observed that by making fake statemen

Adani-Hindenburg row: SC quashes plea seeking review of Jan 3 verdict

The plea said Sebi had only updated the court about the status of its 24 investigations after the allegations, without disclosing any details of action taken

New list for F&O space likely to have 35 new additions: Analysis

No change seen in Nifty, Sensex components

Quant MF confirms reports of search and seizure ops for the first time

Quant MF claims to have received no further communication from the regulator since the searches were conducted

Finfluencers feel the heat as market regulator Sebi crackdown looms

Regulator sends warning letters to 20 unauthorised investment advisors in two months

Quant MF gets new CFO, says move unrelated to Sebi investigation

Says previous CFO Harshal Patel had resigned in February

Sebi to auction HBN Dairies properties, keeps reserve price at Rs 67.7 cr

Capital markets regulator Sebi will auction eight properties of HBN Dairies & Allied Ltd next month for a reserve price of Rs 67.70 crore. The move is a part of Sebi's effort to recover money raised by HBN Dairies through illicit collective investment schemes. This came after the Supreme Court in its order dated May 14, 2024, authorised Sebi to sell the assets of HBN Dairies & Allied Ltd (HBN) with the active involvement of the liquidator. The markets watchdog initiated the process for the sale of assets after HBN Dairies & Allied Ltd and its directors -- Harmender Singh Sran, Amandeep Singh Sran, Manjeet Kaur Sran and Jasbeer Kaur -- failed to refund the investors' money. The properties to go under the hammer include a shopping mall-cum-multiplex, hotel, plots and commercial shops, the Securities and Exchange Board of India (Sebi) said in a notice on Wednesday. The properties were located in New Delhi, Punjab, Madhya Pradesh, Gujarat and Maharashtra and were auctioned at .