Page 78 - Latest Updates on SEBI
Sebi mulls carving out separate AIF category to buy distressed loans
Markets regulator Sebi is planning to carve out a separate category in Alternative Investment Funds (AIF) whereby such entities can purchase distressed loans from banks and NBFCs.
 "Sebi mulls carving out separate AIF category to buy distressed loans")
Paras Defence IPO to open on Sep 21; sets price band at Rs 165-175/share
Paras Defence and Space Technologies on Thursday said it has fixed a price band of Rs 165-175 a share for its Rs 171-crore initial share sale.
 "Paras Defence IPO to open on Sep 21; sets price band at Rs 165-175/share")
Sebi bars CEO of Poonawalla Finance, seven others for insider trading
Rs 13.6 crore impounded; analysis by Sebi showed a group of connected entities had taken long positions in Magma Fincorp that were later squared off, generating huge profits
 "Sebi bars CEO of Poonawalla Finance, seven others for insider trading")
Accelerating the settlement cycle & challenges facing FPIs
The concern is that should, for example, one exchange turn into a T+1 exchange, we could see a fragmentation of the order book and the liquidity, should domestic volumes move to such T+1 exchange
 "Accelerating the settlement cycle & challenges facing FPIs")
Sebi confirms directions passed against entities in Infosys insider trading
Sebi on Wednesday confirmed its directions passed earlier against certain entities to bar them from the capital markets for allegedly indulging in insider trading in Infosys Ltd's shares.
YES Bank, six others settle case with Sebi; pay Rs 1.65-crore
The six persons were either a member of the Reputational Risk Management Committee (RRMC) or part of the decision making process in relation to the disclosures made on February 13, 2019
Sebi plans to overhaul consent settlement rules, reduce timeline by a third
At present, a settlement application can be filed in 60 days of receipt of show-cause; another 120 days given to noticee paying 25% over settlement amount, which Sebi wants to do away with
Sebi penalises 2 Videocon promoter cos for violating insider trading norms
The entities have violated Prohibition of Insider Trading (PIT) norms, according to two separate orders
Finance ministry dials Sebi on T+1, discusses peak margin implications
Sebi is learnt to have assured the ministry that the peak margin norms and other tightening measures are aimed at reducing risk
Sebi notifies certification requirements for distributors, staff of PMS
Sebi has put in place certification requirements for associated persons engaged by portfolio managers as distributors or employees having decision-making authority related to fund management.
Manyavar owner Vedant Fashions files IPO with Sebi to raise funds
The IPO is purely an offer for sale of 36,364,838 equity shares by promoter and existing shareholders
Coffee Day Enterprises settles case with Sebi, pays Rs 69.06 lakh
The order comes after the company approached Sebi to settle the matter, pertaining to alleged violations of LODR (Listing Obligations and Disclosure Requirements) norms under the settlement mechanism
 "Coffee Day Enterprises settles case with Sebi, pays Rs 69.06 lakh")
T+1 cycle may reduce margin requirement, boost investment: Experts
Sebi's decision to introduce an optional T+1 (Trade plus 1 day) settlement system for the markets could help reduce margin requirement for clients and boost retail investment in equity markets
 "T+1 cycle may reduce margin requirement, boost investment: Experts")
FPIs raise a storm over T+1 settlement cycle, approach Sebi chief
Sebi on Tuesday introduced an optional T+1 settlement cycle for the markets, with effect from January 1
 "FPIs raise a storm over T+1 settlement cycle, approach Sebi chief")
Concerns loom as regulator bites the bullet on T+1 settlement cycle
Smooth implementation will require coordinated efforts from rival market infrastructure institutions
 "Concerns loom as regulator bites the bullet on T+1 settlement cycle")
Settlement test
Phased, optional transition to T+1 is a pragmatic decision
Sebi comes out with rules for entities with listed debt securities
Capital markets regulator Sebi has come out with corporate governance rules for listed entities which have listed their debt securities.
Sensex ends lacklustre session 29 points down; broader indices outperform
Top Nifty gainers included Kotak Mahindra Bank, Powergrid, Grasim and BPCL, among others
 "Sensex ends lacklustre session 29 points down; broader indices outperform")
Sebi tweaks client level position limits for currency derivative contracts
Sebi on Tuesday tweaked the client level position limits for trading in cross-currency futures and options contracts.
Sebi asks exchanges to move to T+1 settlement cycle on an optional basis
The provisions of the circular come into effect from January 1, 2022; FPIs stare at challenges
 "Sebi asks exchanges to move to T+1 settlement cycle on an optional basis")