Page 28 - Securities And Exchange Board Of India

NSEL scam: Sebi bans five major commodity brokers for six months

The brokers had appealed to the Securities Appellate Tribunal (SAT) against a previous order by Sebi issued in 2019

Sebi sets lower single-issuer limits for mutual fund debt schemes

Credit-risk rating based limits introduced for all new schemes; existing schemes to be grandfathered

Market regulator Sebi plans simplified BRSR, ESG rating regulations

Buch calls for independence of emerging economies in ESG matters, carbon credit pricing

Sebi sets up three panels to push market reforms, ease of doing business

Experts to advise changes to framework around FPI, takeover code and social stock exchanges

Sebi gives nod to appointment of Ramamurthy as MD & CEO of BSE

Ramamurthy is currently the Chief Operating Officer-India at Bank of America

Drop in share of advisory assets in PMS funds during past 12 months

Overall PMS assets have been on the rise amid buoyant markets

Settlement scheme to be extended for 150 brokers from December 19

The scheme ends on January 19, 2023; terms and conditions will be made available on date of commencement

Sebi issues rules for managing technical glitches, cyber security threats

Stock exchanges to put a structure of financial disincentives for non-compliance by brokers

Sebi bars former MSEI MD&CEO for six months over multiple violations

Detects breach of clearing fee rules, issue of contracts without bidding process and vendor payments without supporting bills

AMCs to be penalised for delay in dividend, redemption payments: Sebi

Any delay in dividend payment beyond seven working days to attract interest charge at 15% a year; investors to get redemption money within three working days, from 10 earlier

Strengthening debt market on Sebi's agenda, says Ananth Narayan

The market capitalisation of the equity market is almost Rs 290 trillion, but the corporate outstanding is at Rs 40 trillion, indicating more traction is needed on the debt side

PNB gets Centre's approval to divest its entire stake in UTI AMC

The bank holds 15.22 per cent stake in UTI AMC worth around Rs 1300 crore at current valuation

Centre likely to release guidelines for social media influencers next month

Additionally, the Securities and Exchange Board of India (Sebi) is also planning similar norms for online financial advice providers or finfluencers

T+1 settlement of all F&O stocks pushed to Jan 2023, transition at one go

However, the timeline issue for many FPIs remains, as the relaxation still compels them to book forex during non-market hours

HDFC twins may merge by April next year, says Chairman Deepak Parekh

Parekh said the voting process of shareholders on the proposed merger has received "fair amount of votes" from shareholders already

Sebi extends one-time stock option settlement scheme by two months

Scheme provides a settlement opportunity to entities that have executed trade reversals in stock options from April 2014 to Sept 2015, and against whom adjudication proceedings are pending

Motilal Oswal AMC to accept fresh investments in international schemes

The AMC had suspended fresh subscriptions to these schemes in Jan after the MF industry came close to breaching global investment limit

Adani group's Rs 493-cr open offer for NDTV shares to begin on Tuesday

The offer, for 16.7 million shares at Rs 294 apiece, will close on December 5. The size of the open offer is nearly Rs 493 crore

Carefully evaluate open offer: NDTV independent directors to shareholders

Last month, the Adani group had written to Sebi, re-affirming its commitment to complete the open offer process for additional shares in NDTV

Sebi plans to introduce new SCORES system with revamped website, mobile app

Capital markets regulator Sebi is planning to overhaul the existing investors complaint system SCORES by introducing a newer version of its website and mobile application features. In this regard, the Securities and Exchange Board of India (Sebi) has invited expressions of interest (EoIs) from interested parties to replace the old system with a new version, according to a notice on Friday. SCORES (SEBI Complaints Redressal System) is an online platform designed to help investors lodge their complaints pertaining to the securities market, mainly against listed companies and registered intermediaries. It was made operational in June 2011. All complaints received through SCORES are dealt with in a time-bound manner. In the latest version, interested candidates would develop a new website and mobile application for investors to lodge their grievances in a more efficient and easy manner. Complainants will have the facility to check status of complaints, send reminders and lodge appeals