Page 25 - Securities And Exchange Board Of India
Samco Securities gets Sebi nod for MF biz, eyes acquisitions in sector
Launches 'SmartSIP' option on its Rank MF platform to enable investors to track margin of safety of individual schemes and deploy their funds accordingly
 "Samco Securities gets Sebi nod for MF biz, eyes acquisitions in sector")
Sebi relaxes buyback norms for firms with housing finance, NBFC units
The repurchase of shares by listed companies is governed by the Buyback Regulations of the Securities and Exchange Board of India (Sebi) as well as the Companies Act
 "Sebi relaxes buyback norms for firms with housing finance, NBFC units")
Need to examine issues on 35% minimum public shareholding plan: Sebi chief
In the latest Union Budget, Finance Minister Nirmala Sitharaman proposed 35 per cent minimum public shareholding requirement for listed companies
 "Need to examine issues on 35% minimum public shareholding plan: Sebi chief")
Most value funds are performing badly: Is it time to dump them?
One reason why most categories of active funds, and not just value funds, have fared poorly has been the concentrated nature of market performance
 "Most value funds are performing badly: Is it time to dump them?")
Deloitte Haskins & Sells quits as auditor of cash-strapped DHFL
However, the other joint auditor, Mumbai-based Chaturvedi & Shah, continues to service the company
 "Deloitte Haskins & Sells quits as auditor of cash-strapped DHFL")
Party transactions and more: Sebi flags key issues plaguing India Inc
The second issue, which the market regulator pointed to be plaguing the industry, is non-disclosure of valuation reports and their adherence to transparency
 "Party transactions and more: Sebi flags key issues plaguing India Inc")
Sebi eases rules for new exchanges to provide incentives under LES
Under the scheme, brokers and other intermediaries are given incentives for a specified period to bring in liquidity and generate investor interest in securities, which have limited trading activity
 "Sebi eases rules for new exchanges to provide incentives under LES")
Budget impact: FPIs may look at P-notes for making investments in India
The Centre ruled out a rollback of the "super-rich" tax on FPIs, organised as trusts or association of persons, last week
 "Budget impact: FPIs may look at P-notes for making investments in India")
MF funding to NBFCs falls to 18-month low of Rs 86,779 crore in June
Experts said while market perception on NBFCs remains weak, new valuation norms for liquid schemes have also contributed to the fall in MF funding
 "MF funding to NBFCs falls to 18-month low of Rs 86,779 crore in June")
Sebi fines ex-MCX director Vaidyalingam Rs 1.25 crore for insider trading
Hairharan was also a non-executive non-independent director of NSEL from 2005 to December 2011
Sebi to tighten norms for MF industry's loan-against-shares exposure
Mulls listing of promoter-backed debentures; disclosing LAS risks in MF schemes
 "Sebi to tighten norms for MF industry's loan-against-shares exposure")
Sebi's 'difficult to recover' tag for some defaulters will ease court cases
A proposal in this regard is expected to be discussed by Sebi's board at its meeting this week
 "Sebi's 'difficult to recover' tag for some defaulters will ease court cases")
Sebi to relax start-up listing norms following tepid market interest
The relaxation in the norms follows tepid market interest to the existing platform and demands from various stakeholders to make the norms easier and the platform more accessible
 "Sebi to relax start-up listing norms following tepid market interest")
Sebi to expand OFS framework, relax select FPI norms at next week's meet
Sebi is also considering changes in its regulatory framework for debenture trustees
 "Sebi to expand OFS framework, relax select FPI norms at next week's meet")
KPMG, Deloitte empanelled to conduct forensic audits of listed firms
The move comes amid Sebi ordering a forensic audit of a slew of companies including Fortis Healthcare
 "KPMG, Deloitte empanelled to conduct forensic audits of listed firms")
Sebi's ISIN guidelines hit market for structured products in India
A maximum of five ISINs maturing per financial year are allowed only for structured products/market-linked debt securities
Disclosure norms for algo and high-frequency trading to be more stringent
Brokers will also be required to reveal statistics such as trade-to-order ratio of the algo during a period as well as details of any changes made to the core program
 "Disclosure norms for algo and high-frequency trading to be more stringent")
Brokerages urge Sebi to modify plan to extend derivatives trading hours
Local and foreign brokers have asked the Sebi to postpone until January its plan to introduce longer trading hours, citing the need for more testing
 "Brokerages urge Sebi to modify plan to extend derivatives trading hours")
Sebi in process to develop interoperability framework for clearing corps
In August 2015, Sebi had decided to hold public consultations on a new set of norms to enable interoperability of clearing corporations
Sebi mulls capping tenure of stock exchange CEOs to maximum two 5-yr terms
Sebi is planning to bring in new ownership norms for setting up of stock exchanges as it feels that entry of new players can benefit investors with better product choices and effective cost structures
 "Sebi mulls capping tenure of stock exchange CEOs to maximum two 5-yr terms")
