SEBI revokes ICEX recognition, approves voluntary exit from exchange business
1 week, 5 days 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of India on Friday, December 27, notified that the recognition granted to the Indian Commodity Exchange Ltd has been withdrawn, formally signifying its exit from the bourse business. "The SEBI hereby notifies that the recognition granted to the Indian Commodity Exchange Ltd stands withdrawn with effect from the date of publication of this notification in the official gazette," said SEBI in its circular. SEBI allows ICEX to exit exchange business In its exit order, the regulator reviewed ICEX's valuation report, compliance submissions, and undertakings. Hence, SEBI permitted "the exit of the ICEX as a stock exchange and thus the consequent withdrawal of recognition granted to ICEX".

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Supreme Court refuses to curtail Calcutta Stock Exchange’s extension for Sebi compliance
1 month 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 Cancels Registration Of 39 Stock Brokers, 7 Commodity Brokers, And 22 Depository Participants For Non-Compliance
4 months, 1 week 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 (Settlement Proceedings) Amendment Regulations, 2023 | SEBI Empowers Panel Of Whole Time Members For Settlement Proceedings
1 year, 4 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 …

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