Page 48 - Securities And Exchange Board Of India

Fee-charging advisors fear Sebi move on net worth may undermine business

Participants say Sebi's proposal can force genuine advisers to shut shops

Sebi to rope in independent agencies to dispose of attached assets

The Securities and Exchange Board of India (Sebi) said bids can be submitted by February 10, 2020

In a major reform, Sebi allows stock exchanges to launch 'options on goods'

Sebi has also permitted exchanges to allow option on goods and options on futures with the same underlying commodities simultaneously

Sebi exonerates Ravi Narain, 8 other officials in NSE 'dark fibre' case

It was alleged that Sampark provided latency advantage to a few brokers, which resulted in a substantial increase in their turnover during the period from April-August 2015

Sebi's proposal to put cap on fee to put investment advisers in a lurch

Industry participants need to reply to consultation paper in 15 days from issue date

Hedgers to benefit as market regulator may lower margin for F&O trades

The Securities and Exchange Board of India had appointed a Risk Management Review Committee to look at the margin collection system in India

Karvy case: Interim relief to Axis Bank from Securities Appellate Tribunal

The tribunal granted interim relief in light of the fact that the National Securities Depository had earlier reversed securities to clients on the basis of Sebi's November 2019 order

Axis Bank moves SAT seeking status quo against Sebi order on Karvy

The tribunal granted interim relief to Axis Bank, in light of the fact that in the past the National Securities Depository had reversed client securities on the basis of Sebi's November 2019 order

Giving in to lobbying

Deadline extension for splitting CMD post is unfortunate

Mutual fund registrar and transfer agents eye growth in AIFs, insurance

Fee cuts in MFs to have 4-5% impact on pricing

Sebi defers deadline by 2 years to separate roles of chairman & MD

Now, the date of implementation of the regulatory provision has been deferred to April 1, 2022, the regulator said in a notification without giving any reason for the move

Sebi may tweak norms to allow more flexibility to equity fund managers

In October 2017, Sebi came out with the scheme classification norms to ensure that mutual fund schemes make investments in-line with their stated scheme mandate

ESAF Small Finance Bank files DRHP for Rs 976 crore IPO with Sebi

According to the DRHP, the IPO comprises a fresh issue worth Rs 800 crore and an Offer for Sale (OFS) amounting to Rs 176.2 crore

Mukherjee, Chidambaram, Jaitley stood ground against Sahara: Ex-Sebi chief

The biggest and most expensive legal minds in the country appeared for Sahara at various stages

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

Timeline for PMS 2.0 guidelines worries Rs 16-trillion industry

Notification awaited a month after announcement; service providers fear sudden implementation

Govt, Sebi spar over transfer of surplus funds as Budget 2020 nears

In 2009, FinMin proposed to move regulators' reserves into public account. These accounts were finally opened in 2013-14. However, no funds have been deposited in it so far

To strengthen conduct, Sebi asks investment advisers to do risk profiling

The Securities and Exchange Board of India (Sebi) noted that investment advisers (IAs) are providing advice on a free trial basis without considering risk profile of the client

IL&FS case: Sebi fines ICRA, CARE Rs 2.5 mln each for poor due diligence

Markets regulator Sebi on Thursday imposed a penalty of Rs 25 lakh each on rating agencies ICRA and CARE for failing to exercise "due diligence" while assigning credit rating to the non-convertible debentures of IL&FS. Sebi also said the default by IL&FS occurred due to "lethargic indifference and needless procrastination and laxity" of these rating agencies. The case relates to the default committed by IL&FS and its subsidiary IL&FS Financial Services on their obligations in respect of the commercial paper, inter-corporate deposits (ICDs), as well as on interest payments related to the non-convertible debentures (NCDs). The regulator undertook an examination with respect to the role of the credit rating agencies (CRAs), including CARE Ratings Ltd and ICRA Ltd, in assigning rating to various NCDs of Infrastructure Leasing and Financial Services (IL&FS). According to Sebi, IL&FS and its group companies' financial parameters, especially short-term borrowings, ...

No due diligence, Sebi slaps Rs 5 lakh on ICICI Pru Trust, ICICI Pru AMC

The regulator noted that investments were made in companies other than those in the FMCG industry which was against the mandate of the scheme and in violation of Sebi's rules