Page 45 - Latest Updates on SEBI
Sebi tweaks cybersecurity and cyber resilience framework for AMCs
The new framework will come into force from July 15
 "Sebi tweaks cybersecurity and cyber resilience framework for AMCs")
SAT directs Malvinder Singh, Malav Holdings to deposit 50% of Sebi penalty
The Securities Appellate Tribunal (SAT) has directed businessman Malvinder Singh and Malav Holdings to deposit 50 per cent of the penalty amount imposed by markets regulator Sebi within six weeks
 "SAT directs Malvinder Singh, Malav Holdings to deposit 50% of Sebi penalty")
FM Sitharaman wishes Sebi chairperson speedy recovery from Covid-19
Finance minister Nirmala Sitharaman on Wednesday wished Sebi chairperson Madhabi Puri Buch a speedy recovery from Covid.
 "FM Sitharaman wishes Sebi chairperson speedy recovery from Covid-19")
Sebi orders attachment of Rose Valley' accounts to recover Rs 5,000 cr
Markets regulator Sebi on Wednesday ordered attachment of bank accounts as well as share and mutual fund holdings of Rose Valley and its then directors to recover investors' dues
Sebi orders attachment of bank, demat accounts of Rose Valley Hotels
This recovery proceeding has been initiated against them to recover Rs 1,006.70 crore collected by the company through the issuance of non-convertible debentures (NCDs) to investors
 "Sebi orders attachment of bank, demat accounts of Rose Valley Hotels")
Sebi clears decks for IPO of 100-year-old lender Tamilnad Mercantile Bank
It's a fresh issue-cum-OFS; Axis Capital, Motilal Oswal Investment Advisors and SBI Capital Markets are book running lead managers
 "Sebi clears decks for IPO of 100-year-old lender Tamilnad Mercantile Bank")
Fidelity front running: Sebi slaps over Rs 4.28 cr penalties on 11 entities
Sebi on Friday slapped penalties worth more than Rs 4.28 crore on 11 entities for front running trades of 21 Fidelity Group entities besides barring them from the securities market for varying periods
 "Fidelity front running: Sebi slaps over Rs 4.28 cr penalties on 11 entities")
Sebi imposes 5-year market ban on two individuals in front-running case
In another development, Sebi also revoked an order passed against Abhay Bhutada, MD and CEO of Poonawalla Finance
NSE warns trading members against trades from 'unrealistic prices'
This comes a day after a 'fat-finger' trade was executed in derivatives segment
 "NSE warns trading members against trades from 'unrealistic prices'")
Sebi revokes order against Poonawalla Finance MD & CEO Abhay Bhutada
Proceedings against other entities to continue
Sebi allows virtual annual meetings for InvITs, REITs till end of December
Markets regulator Sebi on Friday allowed InvITs and REITs conduct annual meetings of their unitholders and other meetings through video-conferencing and other audio-visual means.
Sebi strengthens investor grievance redressal mechanism through framework
Capital markets regulator Sebi on Friday came out with a new framework for investor grievance redressal mechanism as part of its effort to strengthen the process.
Fired fund managers of Axis Mutual Fund could be banned from markets
Though investigation is pending, Sebi may issue interim order
Sebi smoothens approval process for change in control of portfolio manager
Under this, the regulator has specified the procedure that needs to be followed by portfolio managers in matters which involve scheme(s) of arrangement which needs sanction of the NCLT
Principal MF ceases to exist as mutual fund from June 2, says Sebi
Capital markets regulator Sebi on Thursday said Principal Mutual Fund (PMF) now ceases to exist as a mutual fund.
NSE case: SAT gives more time to Chitra Ramkrishna to deposit Rs 2 crore
Passing a fresh order on May 31, SAT said "no ground has been made out for modifying our order dated 11th April, 2022. The application is rejected".
 "NSE case: SAT gives more time to Chitra Ramkrishna to deposit Rs 2 crore")
Former SBI MD Ashwani Bhatia takes charge as whole-time member at Sebi
Third WTM position was vacant for nearly seven months; Bhatia to oversee debt and hybrid securities, AIFs and FPIs
 "Former SBI MD Ashwani Bhatia takes charge as whole-time member at Sebi")
Sebi fines Rs 10.25 crore on Commex Technology in GDR manipulation case
It was observed that Commex had issued 19,06,790 GDRs raising USD 9.99 million in May 2009 and the entire GDR were subscribed by only one entity -- Vintage FZE
Religare Enterprises, Religare Finvest settle Sebi case; pay Rs 10.5 cr
The order came after the two companies filed an application with Sebi proposing to settle the regulatory violations "without admitting or denying the findings" through a settlement order.
 "Religare Enterprises, Religare Finvest settle Sebi case; pay Rs 10.5 cr")
Sebi's SOP to resolve dispute under stock exchange arbitration mechanism
Sebi has come out with a SOP for dispute resolution under the stock exchange arbitration mechanism for disputes
