Page 16 - Sebi Norms
Sebi brings new system audit norms for exchanges, clearing corporations
The decision has been taken based on discussions with stock exchanges, clearing corporations and depositories along with recommendations of Sebi's Technical Advisory Committee
 "Sebi brings new system audit norms for exchanges, clearing corporations")
New F&O norms: Brokers to meet Sebi over intra-day margin restrictions
For now, brokerages are bracing for a dip in trading volumes, given that the curbs on leverage trades - effective from January - are likely to hurt transactions in the F&O segment
 "New F&O norms: Brokers to meet Sebi over intra-day margin restrictions")
No advice sans risk-profile of the client, Sebi to investment advisers
Regulator bans free trials, says no to cash deposits as fees
 "No advice sans risk-profile of the client, Sebi to investment advisers")
Search on for new whole-time member of Sebi; Ajay Tyagi's future uncertain
Tyagi's tenure ends on February 28, 2020, while whole-time member Madhabi Puri Buch is completing her three-year term on April 4, 2020
 "Search on for new whole-time member of Sebi; Ajay Tyagi's future uncertain")
Sebi puts in place mandatory stewardship code for mutual funds, AIFs
Stewardship code is a principles-based framework that assists institutional investors in fulfilling their responsibilities to help them protect and enhance the value of their clients and beneficiaries
Investments via P-notes hit 13-month low of Rs 69,670 cr at Nov-end
The investment at September-end stood at Rs 76,611 crore and then marginally rose to Rs 76,773 crore at October-end
 "Investments via P-notes hit 13-month low of Rs 69,670 cr at Nov-end")
Sebi revamps advisory committee on Investor Education and Protection Fund
The panel is mandated to recommend investor education and protection activities that may be undertaken directly by the market regulator or any other agency for utilisation of IPEF
Positive impact of the insolvency law to be visible in 5 years: Ajay Tyagi
The Code came into force in December 2016
 "Positive impact of the insolvency law to be visible in 5 years: Ajay Tyagi")
Sebi bans Trade India Research's proprietor from capital markets
The order comes after the Sebi received various complaints against proprietor Neha Gupta
Importance is given to all complaints, even anonymous ones, says Sebi
It may not be able to handle complaints that are not specific or substantiated or verifiable, Sebi said
Firms can file papers for issues worth Rs 750 cr at regional offices: Sebi
Till now, merchant bankers on behalf of the companies were allowed to file the papers for issues worth up to Rs 500 crore with regional office of Sebi concerned.
Karvy scandal fallout: Brokers fear escalation of compliance costs
Market regulator Sebi is expected to further tighten regulatory framework for brokerages
 "Karvy scandal fallout: Brokers fear escalation of compliance costs")
Sebi provides breather for MFs with over 10% exposure to group firms
Sebi has asked all asset management companies to publish on their respective websites a list of their group companies and those of their sponsor
Cannot take action against MII as complainant not reachable, says Sebi
The purported whistleblower shared his unsubstantiated allegations with various media houses, some of which taking cognisance of his allegations printed articles without any evidence
Karvy Stock Broking scandal: Sebi unlikely to provide relief to lenders
SAT has directed Sebi to pass an order on the matter by December 12. Sebi's circular in June had said clients' securities that were pledged must be unpledged and returned to them
Karvy crisis: Sebi gives time to six brokers to wind up client accounts
Sebi wants these brokers to remove the pledges and return the shares to the clients (those who paid the dues)
 "Karvy crisis: Sebi gives time to six brokers to wind up client accounts")
ICICI Venture, four others pay over Rs 5.2 cr to settle case with Sebi
In its settlement order, the regulator said the pending adjudication proceedings initiated against the entities through show-cause notices are disposed of
How Sebi's new rules have changed the risk-return profile of PMS schemes
Fewer investors mean you will get more time with the portfolio manager and will be able to understand his investment strategy better; but there are downsides too
 "How Sebi's new rules have changed the risk-return profile of PMS schemes")
New Sebi framework to strengthen issuances of depository receipts
Experts believe that issuing DRs has the added benefit of increasing the share's liquidity while boosting the company's prestige on its local market
HDFC MF front-running case: Sebi slaps Rs 8.7 mn fine on 7 firms
In its latest order passed on Thursday, Sebi noted that the entities have disgorged the ill-gotten profits made by them along with interest in compliance with disgorgement orders
