Page 6 - Latest Updates on SEBI
Sebi announces reward mechanism for informants providing tips on defaulters
With an aim to recover fines from elusive offenders, capital markets regulator Sebi on Thursday introduced a reward system for up to Rs 20 lakh to informants for sharing information
 "Sebi announces reward mechanism for informants providing tips on defaulters")
Sebi extends deadline till Mar 15 to submit comments on REITs, InvITs
Markets regulator Sebi extended the timeline till March 15, for submission of public comments on a proposal pertaining to higher responsibility for sponsors of investment vehicles -- REITs and InvITs
Sebi puts restrictions on cos opting share buyback via stock exchange route
Capital markets regulator Sebi on Wednesday imposed restrictions on the placement of bids, price and volume for the companies undertaking share buyback through the stock exchange route.
Sebi extends timeline until March 15 for comments on ESG rating norms
The regulator had placed a consultation paper for Regulatory Framework for ESG Rating Providers (ERPs) in the securities market on its website on February 22 and sought comments on the same
 "Sebi extends timeline until March 15 for comments on ESG rating norms")
Markets regulator Sebi asks investors to link PAN with Aadhaar by March 31
This is required to be done on or before the notified date, failing which the PAN would become inoperative
 "Markets regulator Sebi asks investors to link PAN with Aadhaar by March 31")
Investing in stocks? Dump social media, seek advice from regulated entities
Relying on social media platforms puts you at risk of falling prey to pump-and-dump schemes
 "Investing in stocks? Dump social media, seek advice from regulated entities")
MFs, AMCs get more time to submit applications for empanelment of auditors
Capital markets regulator Sebi extended time till March-end for submission of applications for empanelment of forensic auditors for mutual funds, asset management companies (AMCs) and trustee entities
Sebi issues framework for cloud services adoption by stock exchanges
Markets watchdog Sebi on Monday came out with a framework for the adoption of cloud services by stock exchanges, clearing corporations and other regulated entities
Sebi returns draft papers of BVG India, Fincare Small Finance Bank
According to a separate update, infrastructure company R&B Infra Project has received Sebi's approval for the proposed initial public offer
Sebi frowns on assured returns, asks MFs to remove related ads, brochures
Says MFs using illustrations based on assumptions; disclaimers made in fine print can escape investors
Explained: How sensitive is the issue of pledge of shares by promoters?
Extant Sebi rules require disclosure of pledge of promoters' equity, but there's nothing that requires disclosure of the effective leverage
 "Explained: How sensitive is the issue of pledge of shares by promoters?")
TMS Ep382: Sebi crackdown, Bill Gates, markets, pump and dump scheme
Is Sebi finally cracking down on finfluencers? Why is Bill Gates worried about a new virus? Time to buy stocks related to home construction? What is a pump and dump scheme? All answers here
 "TMS Ep382: Sebi crackdown, Bill Gates, markets, pump and dump scheme")
Only one woman for every eight on India Inc payroll: CFA study
In FY22, the average ratio of median remuneration of women to men was 0.97, suggesting gender pay parity
 "Only one woman for every eight on India Inc payroll: CFA study")
Regulatory independence
Courts should not worry about financial market volatility
 "Regulatory independence")
Why didn't Sebi get to bottom of issues raised by Hindenburg, asks Rajan
Former RBI governor has asked why Sebi has not yet got to bottom of ownership of the four Mauritius-based funds who are said to have parked 90 per cent of their USD 6.9 billion in Adani group stocks
 "Why didn't Sebi get to bottom of issues raised by Hindenburg, asks Rajan")
Sebi penalises Manpasand Beverages, its directors for flouting norms
Capital markets regulator Sebi has levied fines totalling Rs 33 lakh on Manpasand Beverages and its directors for violating regulatory norms
Exchanges designate 15 stock brokers as QSBs with enhanced obligations
Additional responsibilities are in areas of financial stability, audit, related-party transaction, cyber security, risk management; enhanced monitoring of these QSBs to start on July 1
 "Exchanges designate 15 stock brokers as QSBs with enhanced obligations")
Fairfax Financial Holdings settle case with Sebi; pays Rs 29.25 L charges
Canadian billionaire Prem Watsa-backed Fairfax Financial Holdings Ltd (FFHL) has settled with Sebi a case pertaining to alleged violation of mutual fund regulations
Pump and dump scheme: What is it, how it works and how is it monitored
Arshad Warsi made a profit of Rs 29.43 lakh and his wife Maria Goretti of Rs 37.56 lakh using a YouTube-run pump and dump operation last year
 "Pump and dump scheme: What is it, how it works and how is it monitored")
Wockhardt's former official settles insider trading case with Sebi
Vijay Khetan, who was the compliance officer of Wockhardt, paid Rs 27.06 lakh towards the settlement charges to the capital markets regulator for the alleged violations of insider trading rules
