Markets regulator Securities and Exchange Board of India (Sebi) has sought public comments on a draft circular, which aims to simplify registration for foreign portfolio investors (FPIs). The deadline to submit feedback is October 15. The draft circular seeks to review the application and signing of Common Application Form (CAF) for certain FPIs. Every FPI … Read more
The deadline for Foreign Portfolio Investors (FPIs) to comply with Ultimate Beneficial Ownership (UBO) norms ends on Monday, September 9, failing which fund operators can lose their FPI licence. UBO regulations mandate FPIs to comply with the enhanced disclosure norms regarding ownership, economic interest and control. Citing sources, ET Now reported that only a small … Read more
As massive subscription numbers for SME IPOs have left many old-timers dumbfounded, market regulator SEBI on Wednesday warned investors against promoters who paint an unrealistic picture of their operations. “It has come to the notice of SEBI that, post listing, some of the SME companies and / or their promoters have been resorting to certain … Read more
Markets regulator Securities and Exchange Board India (Sebi) is likely to consider increasing the minimum value of each F&O contract from Rs 5 lakh to Rs 25 lakh as part of its strategy to curb speculative trading to protect the retail investors. The agenda is a part of preliminary recommendations by an expert committee on … Read more
India’s market regulator said on Monday charges levied by market infrastructure institutions such as stock exchanges, clearing corporations and depositories should be uniform and not based on volumes. Exchanges often charge a lower fee to brokers if they generate high volumes, contributing to a surge in trading across segments like derivatives. Asking exchanges to stop … Read more
After the markets regulator Sebi approved introducing a fixed price process for delisting companies from stock exchanges, market experts welcomed the move saying that in the earlier book-building regime listing had become a no-exit entry. “It is a good initiative by Sebi considering all those entities who attempted delisting in the past few years and … Read more
Market regulator Security and Exchange Board of India (Sebi) on Thursday modified the duration for call auction in pre-open session for IPO and relisted scrips. It was observed that during the call auction in pre-open session for certain IPO and relisted scrips, orders were placed at higher prices in large volumes and a significant portion … Read more
Amid the growing might of Indian financial markets, regulator Securities and Exchange Board of India (Sebi) has launched a free and voluntary online investor certification examination. The certificate exam is developed in collaboration with the National Institute of Securities Markets (NISM). This voluntary certification aims to help investors test their knowledge of markets and investing. … Read more
A stock market trader who was being investigated for insider trading, sent abusive responses to market regulator Sebi, following which he attracted a fine of Rs 20 lakh. Rajat Mishra, the notice in the matter, replied to Sebi in the offensive phrase — “Notice de rxxe ho ya bxxxk mxxxg rxxe ho.” In this regard, … Read more
Market regulator the Securities and Exchange Board of India (Sebi) launched ‘Saa₹thi 2.0’ mobile app in Mumbai on Monday. The updated Saa₹thi app has introduced a user-friendly interface with comprehensive tools aimed at simplifying complex financial concepts, a Sebi release said. It includes financial calculators, and has modules that introduce and explain KYC procedures, mutual … Read more
