Sebi cancels registration of 4 stock brokers
1 month, 4 weeks ago

Sebi cancels registration of 4 stock brokers

Live Mint  

New Delhi, Markets regulator Sebi on Wednesday cancelled the registration of four stock brokers Single Window Securities, Sunness Capital India, GACM Technologies and Infotech Portfolio after they failed to meet the registration requirements. In its orders, Sebi said that four stock brokers were granted registrations subject to certain conditions, including the condition that they continue to be members of a recognised stock exchange. Considering these entities are no longer members of any stock exchange, Sebi noted that these entities no longer meet the conditions required for holding a stock broker registration under the Broker Regulations 1992, which stipulates that stock brokers must be members of recognised stock exchanges. Since the entities are no longer holding membership of any recognised stock exchange, they no longer fulfil the conditions stipulated under Regulation 9 of the Broker Regulations, 1992, by which Certificate of Registration was granted to them, Sebi said.

Registration Stock Sebi Brokers Entities Stock Brokers  entities  stock  registration  members  longer  regulator  recognised  sebi  regulations  brokers  cancels

History of this topic

Sebi bans finfluencers from using live stock prices, tightens crackdown on illegal advisories
1 month, 4 weeks ago

Sebi bans finfluencers from using live stock prices, tightens crackdown on illegal advisories

New Indian Express  

MUMBAI: The markets regulator Sebi, which has been after the so-called financial influencers or finfluencers who are tricking the gullible public into investing in stocks they get paid to recommend, for long, has delivered a major blow to them by restricting their use of live-market data/prices in their what they call educational content. The key prohibitive measures include not allowing …

Why did Sebi cancel the registration of 4 stock brokers? Check here
1 month, 4 weeks ago

Why did Sebi cancel the registration of 4 stock brokers? Check here

India Today  

Sebi has cancelled the registration of four stock brokers. The capital markets regulator said that these entities could have misused their registration without being members of a recognised stock exchange, which could have misled investors. In four separate orders, Sebi explained the main reason for the cancellation, saying that these stock brokers were no longer fulfilling the conditions required for …

Sebi settles adjudication proceedings against Paytm executives
2 months, 1 week ago

Sebi settles adjudication proceedings against Paytm executives

Live Mint  

Mumbai: Markets regulator Securities and Exchange Board of India has settled adjudication proceedings against several executives and independent directors of One97 Communications Ltd, the parent of fintech firm Paytm, for alleged violations of securities laws. The adjudication proceedings stemmed from concerns raised by Sebi in July 2023 regarding the actions of Amit Khera, Paytm’s then-compliance officer and company secretary, as …

SEBI revokes ICEX recognition, approves voluntary exit from exchange business
3 months ago

SEBI revokes ICEX recognition, approves voluntary exit from exchange business

Live Mint  

Capital markets regulator Securities and Exchange Board of India on Friday, December 27, notified that the recognition granted to the Indian Commodity Exchange Ltd has been withdrawn, formally signifying its exit from the bourse business. "The SEBI hereby notifies that the recognition granted to the Indian Commodity Exchange Ltd stands withdrawn with effect from the date of publication of this …

SEBI suspends trading of Bharat Global Developers over financial misrepresentation
3 months ago

SEBI suspends trading of Bharat Global Developers over financial misrepresentation

Deccan Chronicle  

New Delhi: Markets regulator Sebi on Monday suspended trading in Bharat Global Developers Ltd for financial misrepresentation, misleading disclosures, price manipulation, and offloading shares at inflated prices. In fact, such wealth has arisen from misrepresentation of the company's business and financials to general investors and shareholders," Sebi Whole Time Member Ashwani Bhatia said in his 25-page order. Accordingly, Sebi in …

Sebi suspends trading of Bharat Global Developers shares over financial misrepresentation
Top News
3 months ago

Sebi suspends trading of Bharat Global Developers shares over financial misrepresentation

Hindustan Times  

Markets regulator Sebi on Monday suspended trading in Bharat Global Developers Ltd for financial misrepresentation, misleading disclosures, price manipulation, and offloading shares at inflated prices. The SEBI Bhavan at BKC Bandra in Mumbai Additionally, the regulator has barred the company, its managing director Ashok Kumar Sewada, CEO Mohsin Shaikh and directors --Dinesh Kumar Sharma and Nirali Prabhatbhai Karetha -- and …

SEBI Warns Against Trading Unlisted Securities on Unauthorized Platforms
3 months, 2 weeks ago

SEBI Warns Against Trading Unlisted Securities on Unauthorized Platforms

Deccan Chronicle  

The Securities and Exchange Board of India has issued a cautionary advisory to investors, warning against trading in securities of unlisted public limited companies on unauthorized electronic platforms.In a statement, SEBI highlighted that certain electronic platforms and websites have been facilitating such transactions, which violates the Securities Contract Act, 1956, and the SEBI Act, 1992. These laws are intended to …

Supreme Court refuses to curtail Calcutta Stock Exchange’s extension for Sebi compliance
3 months, 3 weeks ago

Supreme Court refuses to curtail Calcutta Stock Exchange’s extension for Sebi compliance

Live Mint  

The Supreme Court has declined to intervene in the Calcutta High Court’s decision to give the Calcutta Stock Exchange, India’s oldest stock exchange, more time to comply with the Securities and Exchange Board of India’s 2012 Exit Policy. The court said it would review CSE’s compliance with the Exit Policy at the next hearing on 7 March 2025. Sebi had …

SEBI imposes ₹9 lakh penalty on Reliance Securities for breaching market, stock broker norms
3 months, 4 weeks ago

SEBI imposes ₹9 lakh penalty on Reliance Securities for breaching market, stock broker norms

Live Mint  

Capital markets regulator Securities and Exchange Board of India on Friday, November 29, penalized Reliance Securities with ₹9 lakh for flouting market norms and stock broker rules. The order came after the regulator and exchanges, NSE and BSE, conducted a thematic onsite inspection of the books of accounts, records, and other documents of authorised persons of Reliance Securities Ltd, a …

SEBI imposes ₹9 lakh fine on Reliance Securities for ‘flouting market norms’
3 months, 4 weeks ago

SEBI imposes ₹9 lakh fine on Reliance Securities for ‘flouting market norms’

Hindustan Times  

The Securities and Exchange Board of India on Friday imposed a ₹9 lakh monetary penalty on Reliance Securities for “flouting market norms” and stock broker rules. According to a PTI report,the market regulator's order came after National Stock Exchange and Bombay Stock Exchange carried out a thematic onsite inspection of the books of accounts, records and other documents of authorised …

Sebi proposes revisions to custodian regulations
4 months, 2 weeks ago

Sebi proposes revisions to custodian regulations

Live Mint  

The Securities and Exchange Board of India has issued a consultation paper seeking feedback on proposed updates to the Sebi Regulations, which govern the operations of custodians in the Indian securities market. Given the importance of custodians in ensuring smooth market operations, especially for institutional investors, the consultation paper proposes several changes to enhance regulatory oversight and operational resilience. Sebi …

SEBI Cancels Registration Of 39 Stock Brokers, 7 Commodity Brokers, And 22 Depository Participants For Non-Compliance
6 months, 3 weeks ago

SEBI Cancels Registration Of 39 Stock Brokers, 7 Commodity Brokers, And 22 Depository Participants For Non-Compliance

Live Law  

The Securities and Exchange Board of India has cancelled the registration of 39 stock brokers, seven commodity brokers, and 22 depository participants. SEBI clarified that these brokers and depository participants remain accountable for any actions taken or omitted during their tenure as registered entities. According to these regulations, stock brokers must maintain membership with a recognized exchange, and depository participants …

Sebi imposes ₹11 lakh penalty on IIFL Securities for violating stock broker regulations
7 months, 1 week ago

Sebi imposes ₹11 lakh penalty on IIFL Securities for violating stock broker regulations

Live Mint  

Capital market regulator Sebi on Wednesday slapped a fine of ₹11 lakh on brokerage firm IIFL Securities for flouting stock broker rules and other regulatory norms. Sebi conducted an inspection of IIFL Securities Ltd covering the period from April to July 2022 to assess the firm’s adherence to regulatory requirements. In its 35-page order, Sebi noted that IIFL Securities acknowledged …

SEBI Fines IFGL Rs. 4 Lakh For Regulatory Breaches And Deficient Investor Grievance System
8 months ago

SEBI Fines IFGL Rs. 4 Lakh For Regulatory Breaches And Deficient Investor Grievance System

Live Law  

The Securities and Exchange Board of India has fined Delhi-based Indian Finance Guaranty Ltd Rs. The primary issues identified included IFGL's engagement in fund-based activities and multiple deficiencies in its investor grievance redressal system. SEBI mandates that stock brokers must provide a designated email ID exclusively for investor grievances, yet IFGL used the personal email of its CEO and compliance …

SEBI Proposes Amendments To Handle Securities Law Violations By Intermediaries Through Summary Proceedings
8 months, 1 week ago

SEBI Proposes Amendments To Handle Securities Law Violations By Intermediaries Through Summary Proceedings

Live Law  

The Securities and Exchange Board of India has issued a consultation paper proposing amendments to the SEBI Regulations, 2008 which introduces provisions for summary proceedings to handle specific types of securities law violations by intermediaries. The introduction of summary proceedings addresses issues observed in the current regulatory framework. However, SEBI has noted an increased number of violations by other intermediaries, …

SEBI suggests maintaining a distance between intermediaries and ‘finfluencers’. Here are 4 key reasons
1 year, 7 months ago

SEBI suggests maintaining a distance between intermediaries and ‘finfluencers’. Here are 4 key reasons

Live Mint  

The Securities and Exchange Board of India has introduced a proposal to limit interactions between its regulated entities and unregistered “finfluencers”. SEBI said in its consultation paper, “No SEBI registered intermediaries/regulated entities or their agents/representatives shall, directly or indirectly, have any association/relationship in any form, whether monetary or non-monetary, for any promotion or These proposed regulations would mandate that SEBI-regulated …

SEBI Mandates Additional Disclosures By Foreign Portfolio Investors
1 year, 7 months ago

SEBI Mandates Additional Disclosures By Foreign Portfolio Investors

Live Law  

The Securities and Exchange Board of India has issued a circular aimed at promoting heightened transparency among Foreign Portfolio Investors meeting specific criteria. Although PN3 does not directly apply to FPI investments, there are apprehensions that entities with substantial Indian equity portfolios might misuse the FPI route, potentially disrupting the orderly functioning of Indian securities markets. Under Regulations 22 and …

SEBI (Settlement Proceedings) Amendment Regulations, 2023 | SEBI Empowers Panel Of Whole Time Members For Settlement Proceedings
1 year, 7 months ago

SEBI (Settlement Proceedings) Amendment Regulations, 2023 | SEBI Empowers Panel Of Whole Time Members For Settlement Proceedings

Live Law  

In a significant development, the Securities and Exchange Board of India has introduced an amendment to the Securities and Exchange Board of India Regulations, 2018, via the Securities and Exchange Board of India Regulations, 2023. The Securities and Exchange Board of India has exercised its powers under Section 15JB of the Securities and Exchange Board of India Act, 1992, Section …

NSEL case: Sebi cancels MMTC’s stock broker licence, existing clients can withdraw funds in 15 days
1 year, 7 months ago

NSEL case: Sebi cancels MMTC’s stock broker licence, existing clients can withdraw funds in 15 days

Live Mint  

The markets regulator Sebi said it has cancelled the licence of MMTC Ltd as a stock broker for its involvement in illegal “paired contracts” in a case related to National Spot Exchange Ltd. MTC traded in “paired contracts”, which did not have regulatory approval, the Sebi order said. “The noticee having traded in the ‘paired contracts’ on the NSEL, which …

SEBI Amends Securities Contracts (Regulation) (Stock Exchanges And Clearing Corporations) Regulations, 2018
1 year, 8 months ago

SEBI Amends Securities Contracts (Regulation) (Stock Exchanges And Clearing Corporations) Regulations, 2018

Live Law  

Securities and Exchange Board of India has issued a notification on July 24, 2023, introducing amendments to the Securities Contracts Regulations, 2018. The newly introduced regulations, titled the "Securities Contracts Regulations, 2023," have been formulated by SEBI in exercise of the powers conferred by sections 4, 8A, and 31 of the Securities Contracts Act, 1956, read with sections 11 and …

SEBI Introduces Alternate Dispute Resolution Amendment Regulations 2023
1 year, 8 months ago

SEBI Introduces Alternate Dispute Resolution Amendment Regulations 2023

Live Law  

The Securities and Exchange Board of India issued a notification on July 3, 2023, introducing amendments to the Alternative Dispute Resolution Mechanism Regulations. Amendments to the Securities and Exchange Board of India Regulations, 1996: A new regulation, 17A, is inserted, stating that all claims, differences, or disputes between a custodian and its client shall be submitted to a dispute resolution …

IIFL Securities shares tank over 18% on Sebi order
1 year, 9 months ago

IIFL Securities shares tank over 18% on Sebi order

Live Mint  

IIFL Securities share price plunged over 18% in early deals on Tuesday after capital market regulator Securities and Exchange Board of India barred the company from taking new clients for 2 years. However, IIFL Securities said that the Sebi’s order does not affect the company's existing business with the existing clients. Read Here: SEBI bars IIFL Securities from taking new …

SEBI bars IIFL Securities from taking new clients for 2 years
1 year, 9 months ago

SEBI bars IIFL Securities from taking new clients for 2 years

Live Mint  

Market regulator Securities and Exchange Board of India on Monday barred IIFL Securities from taking new clients for 2 years. In its probe, Sebi found that IIFL has misused the funds of its credit balance clients for settlement of its proprietary trades as well as the trades of its debit balance clients from April 2011 to June 2014, and the …

Sebi Extends Nomination Deadline For Existing Trading, Demat Account Holders Till Sept 30
2 years ago

Sebi Extends Nomination Deadline For Existing Trading, Demat Account Holders Till Sept 30

ABP News  

The Securities and Exchange Board of India on Tuesday extended the deadline till September-end for existing trading and demat account holders to provide choice of nomination or opt out of nomination. In July 2021, the Sebi asked all existing eligible trading and demat account holders to provide choice of nomination on or before March 31, 2022, failing which the trading …

Sebi Extends Nomination Deadline for Existing Trading, Demat Account Holders Till Sep 30
2 years ago

Sebi Extends Nomination Deadline for Existing Trading, Demat Account Holders Till Sep 30

News 18  

Capital markets regulator Sebi on Tuesday extended the deadline till September-end for existing trading and demat account holders to provide choice of nomination or opt out of nomination. In July 2021, the Securities and Exchange Board of India asked all existing eligible trading and demat account holders to provide choice of nomination on or before March 31, 2022, failing which …

Explained | How is the stock market regulated in India?
2 years, 1 month ago

Explained | How is the stock market regulated in India?

The Hindu  

The story so far: On February 10, the Supreme Court asked the Securities and Exchange Board of India and the government to produce the existing regulatory framework in place to protect investors from share market volatility. The SCRA empowers SEBI to recognise stock exchanges, prescribe rules and bye laws for their functioning, and regulate trading, clearing and settlement on stock …

Sebi allows non-promoter shareholders to sell shares via offer for sale
2 years, 2 months ago

Sebi allows non-promoter shareholders to sell shares via offer for sale

Live Mint  

Capital market regulator Sebi has modified certain provisions of the existing offer for sale through stock exchanges. "The first benefit that will accrue to the large non-promoter shareholders who will be able to sell larger blocks of shares at a better price," Jimeet Modi, Founder & CEO, SAMCO Group said. In the case of non-promoter shareholders offering shares through the …

Sebi’s plan to separate brokers from your money
2 years, 3 months ago

Sebi’s plan to separate brokers from your money

Live Mint  

In the third week of October, brokers from across India had gathered at the Taj Lands End hotel in Mumbai for their first mega physical gathering since the onset of the pandemic. If Sebi’s plans go ahead, brokers will only execute buy or sell trades and no money from an investor’s bank account will go into a broker’s account. How …

Stock Broker Should Obtain A Certificate Of Registration From SEBI For Each Of The Stock Exchange Where He Operates : Supreme Court
2 years, 5 months ago

Stock Broker Should Obtain A Certificate Of Registration From SEBI For Each Of The Stock Exchange Where He Operates : Supreme Court

Live Law  

The Supreme Court held that a stock broker should obtain a certificate of registration from SEBI for each of the stock exchange where he operates.The bench of Justices Ajay Rastogi and BV Nagarathna disagreed with the Delhi High Court judgment that a single registration with Securities and Exchange Board of India is sufficient even if the stock broker has various …

Sebi bars 3 individuals from securities market for illegal investment advisory
2 years, 6 months ago

Sebi bars 3 individuals from securities market for illegal investment advisory

Live Mint  

Markets regulator Securities and Exchange Board of India on 31 August banned three individuals from the securities markets for providing unauthorised investment advisory services. The latest proceedings took place after SEBI issued a show cause notice dated 31 July, 2021 to RNS Global Capital and its proprietors' -- Lakhan Chouhan, Rohit Soni and Shivani Thakur -- alleging that they were …

Sebi Clears Various Amendments, Extends Lock-In Period Of Anchor Investors To 90 Days
3 years, 3 months ago

Sebi Clears Various Amendments, Extends Lock-In Period Of Anchor Investors To 90 Days

ABP News  

New Delhi: The Securities and Exchange Board of India board on Tuesday took a slew of amendments, including extension of the lock-in period for anchor investors to 90 days. “The existing lock in of 30 days shall continue for 50 per cent of the portion allocated to anchor investor and for the remaining portion, lock in of 90 days from …

Sebi issues norms for stock exchange subsidiary to regulate investment advisors
4 years, 7 months ago

Sebi issues norms for stock exchange subsidiary to regulate investment advisors

Live Mint  

MUMBAI: The Securities and Exchange Board of India has allowed stock exchanges to propose a subsidiary to regulate investment advisors. Sebi had established the first set of rules governing investment advisors in 2013 and has progressively tightened regulations since then to combat mis-selling and fraudulent stock tip operators. It released a consultation paper on Self Regulatory Organisations for intermediaries including …

Sebi asks brokers, fund houses, others to ensure compliance with prevention of unlawful acts
5 years, 1 month ago

Sebi asks brokers, fund houses, others to ensure compliance with prevention of unlawful acts

India TV News  

Capital markets regulator Sebi on Tuesday asked stock brokers, mutual fund houses and other market intermediaries to ensure strict compliance with the prevention of unlawful activities law. In a statement, Sebi advised market intermediaries to ensure compliance with instructions pertaining to UAPA or The Unlawful Activities Act. In addition, the regulator has asked market entities to ensure that accounts are …

Sebi gets tough
5 years, 1 month ago

Sebi gets tough

Live Mint  

The Securities and Exchange Board of India has tightened rules that apply to investment advisory services. The market regulator has also prohibited investment advisers from hawking products to their clients. Not all retail investors fully grasp the conflict of interest inherent in advice offered by someone who makes money off the investment being advised. Too many people find themselves lumped …

Sebi eases requirements for FPIs
5 years, 7 months ago

Sebi eases requirements for FPIs

Live Mint  

Mumbai: Easing the regulatory framework for foreign portfolio investors, Sebi on Wednesday simplified KYC requirements for them and permitted them to carry out off-market transfer of securities. The proposals were cleared by the Sebi's board during its meeting here as part of efforts to simplify and expedite the registration process for foreign portfolio investors. Apart from doing away with the …

Sebi bars trading members from pledging certain securities of clients
5 years, 9 months ago

Sebi bars trading members from pledging certain securities of clients

India TV News  

Trading members have been barred from pledging to banks and NBFCs the securities of clients lying in certain accounts even with their authorisation, with markets regulator Sebi putting in place stricter norms. This would be applicable for clients' securities lying with the Trading Member / Clearing Member in client collateral, client margin trading securities and client unpaid securities accounts. "Securities …

Tribunal grants interim stay on Sebi order against 3 NSE officials in co-location case
5 years, 10 months ago

Tribunal grants interim stay on Sebi order against 3 NSE officials in co-location case

Live Mint  

The Securities Appellate Tribunal on Monday granted an interim stay to the three senior officials of National Stock Exchange of India who were at the receiving end of Securities and Exchange Board of India directions for violating Sebi norms in the NSE co-location case. Separately, the three brokerage firms which gained unfair access to NSE systems were also granted interim …

Co-location case: SEBI bars NSE from security markets for 6 months, directs to pay Rs 625 crore
5 years, 10 months ago

Co-location case: SEBI bars NSE from security markets for 6 months, directs to pay Rs 625 crore

India TV News  

Markets regulator Securities and Exchange Board of India on Tuesday barred National Stock Exchange from the securities market for six months in the case of misuse of its co-location facility. It also directed NSE to pay more than Rs 625 crore in the case of misuse of its co-location facility. Besides, the bourse's two former chief executive officers -- Ravi …

SEBI issues norms for interoperability among clearing corporations; to be operationalised by June 2019
6 years, 4 months ago

SEBI issues norms for interoperability among clearing corporations; to be operationalised by June 2019

Firstpost  

With an aim to reduce trading costs, market regulator SEBI on Tuesday came out with a framework for interoperability among CCPs, which will be operationalised by 1 June, 2019. New Delhi: With an aim to reduce trading costs, market regulator SEBI on Tuesday came out with a framework for interoperability among clearing corporations, which will be operationalised by 1 June, …

SEBI plans framework to check non-compliance of listing rules, exchanges to have power to freeze promoter shareholding
7 years ago

SEBI plans framework to check non-compliance of listing rules, exchanges to have power to freeze promoter shareholding

Firstpost  

SEBI plans to put in place a mechanism to check non-compliance of listing conditions, wherein exchanges will have powers to freeze promoter shareholding New Delhi: SEBI plans to put in place a stronger mechanism to check non-compliance of listing conditions, wherein exchanges will have powers to freeze promoter shareholding and even delist the shares of such defaulting companies. Under the …

NSEL case: Sebi to probe regulatory aspects relating to 5 brokers
7 years, 1 month ago

NSEL case: Sebi to probe regulatory aspects relating to 5 brokers

Live Mint  

Mumbai: The Securities and Exchange Board of India has decided that two of its whole-time members would look into the regulatory aspects relating to five brokers being probed for allegedly misselling products of the National Spot Exchange Ltd, two people aware of the matter said. Last week, Sebi agreed to the demand of the five brokers that they be allowed …

Sebi permits convergence of stock, commodity exchanges; to be effective from Oct 2018
7 years, 2 months ago

Sebi permits convergence of stock, commodity exchanges; to be effective from Oct 2018

Firstpost  

Sebi’s move will allow major players like BSE, NSE to introduce commodity-backed financial instruments on their platforms, while MCX and NCDEX will be allowed to list equities and equity F&O The Securities and Exchange Board of India on Thursday gave its nod to the convergence of both equities and commodity-backed stocks on exchanges from October 2018. The move will allow …

Sebi imposes Rs 12 lakh fine on two stock brokers
7 years, 3 months ago

Sebi imposes Rs 12 lakh fine on two stock brokers

Business Standard  

Disclaimer: No Business Standard Journalist was involved in creation of this content Markets regulator Sebi today imposed a total penalty of Rs 12 lakh on Swastika Investmart and J K Securities for violating stock broker regulations.In separate orders, the regulator also noted that the two stock brokers -- Swastika Investmart and J K Securities -- had not complied with various …

Calcutta Stock Exchange seeks SEBI approval for setting up clearing corporation
7 years, 5 months ago

Calcutta Stock Exchange seeks SEBI approval for setting up clearing corporation

India TV News  

The Calcutta Stock Exchange, which had seen a halt in its trading activity since 2013, was striving to restore its glory by setting up a clearing corporation as a separate legal entity. The iconic stock exchange wanted trading on C-Star, which was stopped by the Securities and Exchange Board of India in April 2013, to resume, a source close to …

New Sebi panel to review stock exchange norms
7 years, 5 months ago

New Sebi panel to review stock exchange norms

Live Mint  

The Securities and Exchange Board of India constituted a committee on Monday to review the norms for market infrastructure institutions such as stock exchanges, depositories and clearing corporations. After its 11 February board meeting, the regulator announced a comprehensive review of Stock Exchange and Clearing Corporation regulations, Securities Contracts Act and Sebi Depositories and Participants regulations and sought public comments. …

Tax evasion via stocks: Sebi lifts trading ban on 244 entities
7 years, 6 months ago

Tax evasion via stocks: Sebi lifts trading ban on 244 entities

Firstpost  

Sebi has lifted trading ban on 244 entities which came under the scanner for alleged misuse of stock market platform for tax evasion, saying it did not find any “adverse evidence” against them New Delhi: Regulator Sebi has lifted trading ban on 244 entities which came under the scanner for alleged misuse of stock market platform for tax evasion, saying …

Sebi directs BSE, NSE to act against 331 suspected shell cos, delist them after strict audit
7 years, 7 months ago

Sebi directs BSE, NSE to act against 331 suspected shell cos, delist them after strict audit

Firstpost  

Sebi has told the exchanges, out of the list of shell companies, if securities of any of the listed company are under suspension, the trading in such securities shall be placed under stage four of the GSM directly on revocation of suspension New Delhi: Sebi today directed bourses to initiate action against 331 suspected shell companies that are listed and …

Sebi tightens norms for stock brokers to detect misutilisation of clients' funds
8 years, 6 months ago

Sebi tightens norms for stock brokers to detect misutilisation of clients' funds

Firstpost  

Stock brokers will now have to follow a uniform nomenclature for “naming/tagging of bank and demat accounts” and reporting of such accounts to stock exchanges and depositories New Delhi: Putting in place enhanced supervisory framework for stock brokers, Sebi has issued a detailed set of guidelines to monitor their financial strength and detect any misutilisation of clients’ funds. Besides, stock …

Sebi approves new listing norms for stock exchanges
9 years, 3 months ago

Sebi approves new listing norms for stock exchanges

Firstpost  

Sebi will also issue necessary procedures to ensure compliance of the provisions post listing. Mumbai: Paving the way for the stock exchanges, including BSE and NSE, to get listed, markets regulator Sebi today approved a new set of revised norms for the IPO and listing of the bourses. The new norms, which have been finalised after taking into account the …

Discover Related