Sebi relaxes financial disincentives norms for technical glitches, restricts it to Market Infrastructure Institutions
Securities and Exchange Board of India (Sebi) on Friday relaxed the rules governing financial disincentives imposed on Market Infrastructure Institutions (MIIs) and individuals for omissions and commissions leading to technical glitches. In a circular issued on Friday, Sebi restricted the imposition of existing financial disincentives to MIIs only. From now on, it will also provide … Read more
