Sebi will now allow a combined relevant experience of at leat 30 years of directors, partners and employees of the investment manager, even if it is a newly created entity
Sebi will also introduce enhanced eligibility criteria for registration as an investment adviser including for networth qualification and experience
This is for the alleged interference in rating action of YES Bank and DHFL
Some investors had even threatened to move Reserve Bank of India (RBI) and Securities Appellate Tribunal (SAT) against HDFC Bank, if it didn't return the shares.
Consultancy firm EY earlier this week gave Sebi a report recording employee statements, WhatsApp messages and call recordings of CARE employees
Service providers are looking for clarity on how standardisation should be approached and are seeking Sebi's advice on the matter
Tensions from stewardship code will aid corporate governance
Sebi's notices to the NSE come almost three years after Subramanian's departure
Observers said an extension to Tyagi could be a possibility as the advertisement, which was floated, gave just two weeks to those interested to apply for the post
The proposal, likely to be discussed at Sebi's board meeting next week, is aimed at better utilisation of resources towards cases with higher chances of recovery, a senior official said
The capital markets regulator has said that for current investigations, "observations" on the draft offer may be kept in abeyance for 30 days from filing of the draft offer
Earlier in September, the regulator had broad-based the classification for foreign portfolio investors and simplified their registration process.
NSE, BSE to conduct a special trading session on February 1; settlement of trades on February 4
Pai warned that "we risk the prospect of turning into a digital colony" by 2025, seeking to draw parallels with imperialism
The regulator's observations are necessary for any company to launch public issues such as initial public offer, follow-on public offer and rights issue
The billionaire investor is being probed for insider trading in education firm Aptech, according to reports
The recommendations are made by a nine-member expert panel led by Ramesh Srinivasan, managing director & CEO, Kotak Mahindra Capital
Tyagi took charge from his predecessor U K Sinha on March 1, 2017, for five years but it was later slashed to three years
For the first time, it has provided options for clearing corporations to divide commodities into three broad categories, depending on realised volatility over the previous three years
Given the wide variation of liquidity and volatility among different commodity derivatives, the regulator in consultation with other stakeholders has decided to rationalise the margin system