MARKETS
Brokerages meet SEBI to present case for status quo on research fee, raise concerns on MF proposal
SEBI has proposed a major overhaul of the Total Expense Ratio (TER) framework for mutual funds to improve transparency and lower costs for investors.
MARKETS
Trading in single stock derivatives may become costly as SEBI likely to remove calendar spread benefit
The new proposal will align the calendar spread treatment for single stock derivatives with Index derivatives and cross margin framework for Index derivatives.
MARKETS
IRS officer Sandip Pradhan appointed new SEBI Whole-Time Member
Currently, only two WTMs are in place; Pradhan’s induction will raise the count to three, leaving one post still unfilled.
MARKETS
Rohit Salgaocar blames Ketan Parekh in front running case, SAT to continue hearing tomorrow
Salgaocar had sought permission to cross examine Ketan Parekh, which SEBI had rejected later Salgacar moved SAT, challenging the rejection of his request.
MARKETS
Sensex Put Options spike 50x in minutes, traders stunned
It is believed BSE is analysing the trades to examine if there was any manipulation, as part of exchange's surveillance mechanism.
MARKETS
Rohit Salgaocar moves SAT as SEBI denies cross examination of Ketan Parekh in front-running probe
Salgaocar’s petition also says that SEBI’s interim order has damaged his reputation and is threatening his livelihood. Matter is pending before SAT for hearing.
MARKETS
SEBI proposes fix for IPO lock-in issues on pledged shares, separate summary of key factors in IPO
SEBI Chairman Tuhin Kanta Pandey has earlier announced about these two changes in his speech at 12th SBI Banking and Economic Conclave on November 6, in Mumbai.
MARKETS
Sebi orders exchanges to investigate prop-trading account misuse after Moneycontrol expose
One Sebi official has confirmed the development while requesting not to be named. “Sebi has directed exchanges to investigate the violations and submit a report,” the source said.
BUSINESS
Top Sebi panel on conflict of interest suggests annual disclosures, recusal policy, whistleblower mechanism
The applicants for the post of Sebi Chairman, Members, and other lateral entry roles must disclose actual, potential, and perceived conflicts of both financial and non-financial nature, the recommendation said.
MARKETS
Prop trading scam uncovered: Fake NISM certificates and masking of traders as employees
NISM certificates are used for individual traders who are shown as brokers’ employees.
MARKETS
SEBI’s high-level committee on conflict of interest of top officials submits its report
SEBI’s existing code on conflict of interest for board members was voluntarily adopted by the board in December 2008, when C B Bhave was the Chairman.
MARKETS
Prop trading scam uncovered: No KYC, no paper trail; misuse of leverage runs on victim’s trust
There are no agreements, no KYC, and no paper trail but trades happen in full swing, and things are fine until someone defaults, or there is a big loss.
BUSINESS
ANMI urges SEBI to restore weekly Bank Nifty; seeks investor education, suitability norms
The NSE discontinued the weekly expiry of Bank Nifty from November 13, 2024, while BSE halted Bankex weekly expiry from November 18, 2024, in compliance with SEBI’s October 10 circular.
BUSINESS
Famous Shiller P/E valuation gauge flashes sub-par decade of return for US equities
For only the second time ever, the cyclically adjusted price-to-earnings ratio, made popular by Nobel laureate Robert Shiller and originally proposed by Benjamin Graham, has moved above 40, a level last seen during the peak of 1999 tech bubble.
BUSINESS
SEBI warns investors over unregulated ‘digital gold’; Tanishq, MMTC among key sellers
SEBI cautioned investors that none of the investor protection mechanisms applicable to the securities market would be available for investments in such digital gold or e-gold products.
MARKETS
Surat prop trading scam spreads nationwide, losses may top Rs 150 crore
A recent default puts leveraged traders in NCR, Jaipur, Ranchi and Kolhapur on edge
MARKETS
SEBI initiates active deliberation on ways to deepen the cash market segment
SEBI has received wide range of suggestions on the proposal to further deepen the cash market volume in equity segment.
MARKETS
SEBI may address mutual funds’ concerns on expense ratio, cost structure
The mutual fund industry remains concerned about the potential impact on profitability due to the new proposals, as well as on distributor commissions. Industry insiders said that if profitability is hit, fund houses may reconsider expanding their branch networks.
MARKETS
SEBI proposes big regulatory changes for MFs, tweaks in TER, caps on brokerages
SEBI has proposed removal of statutory levies like Securities Transaction Tax (STT), GST, etc. to be excluded from Total Expense Ratio (TER) limits.
MARKETS
Sebi seeks details of the four-hour long trading disruption from MCX
MCX had informed market participants in the morning about a glicth but it took more than four hours to shift to DR site and normalise the operations. Sebi has now sought details of the glitch from exchange.
MARKETS
Brokers' penalty structure rationalised but oversight tightened on these key violations
Sebi and stock exchanges have overhauled the penalty framework for brokers, introducing new categories of violations while retaining stringent measures to protect investors. The revised structure aims to enhance market discipline, curb misuse of client funds, and ensure greater accountability among intermediaries.
MARKETS
SEBI bars mutual funds from investing in Pre-IPO placements
Move likely to spark debate on its merit within the industry
MARKETS
Expensive exit of Elara and Vespera Funds from India
Both funds failed to disclose their ultimate beneficial owners. SEBI’s investigation later found that Elara and Vespera were owned through three offshore feeder entities
BUSINESS
BSE flags unusual price surge in RRP Semiconductor, urges investor caution
RRP semiconductor | Stock placed under Enhanced Surveillance Measures after rising from Rs 15 to Rs 9,292.20 in 18 months
