Sebi Act

The SMC will also seek to streamline the legal framework by reducing the number of sections across the four Acts, simplifying compliance for businesses and financial institutions

Govt set to roll out unified Securities Markets Code; Bill at drafting stage

The SMC will consolidate four laws into a single code, offering a simplified framework for India’s securities market. Finance Minister Nirmala Sitharaman proposed the law in the budget for FY22

Sebi may soon start criminal prosecution of market offenders: Report

Presently, Sebi's powers are equivalent to that of a civil court. It passes penalty orders against entities that commit market offences.

SAT order on PwC a wake-up call for SEBI over jurisdiction

SAT ruling is a clear reminder that institutions here have still not been clearly defined with regard to their power.

SEBI’s transfer of surplus to government raises more questions than answers

SEBI’s funds transfer to the government is nothing new. The oddity is the amendments in this regard are inserted in the Finance Bill. A mention by FM or a separate Budget proposal would have just done the job

Govt plans to amend SEBI Act for more members, benches of SAT

To help expedite cases related to securities markets, the government is planning to amend the SEBI Act with an aim to increase members and benches in the Securities Appellate Tribunal (SAT)

SEBI imposes Rs 1.3 crore fine on Top Telemedia, 2 directors

Markets regulator SEBI has slapped a total fine of Rs 1.3 crore on Top Telemedia Ltd and two of its directors for failing to resolve investor complaint in due time

Budget 2016 India: Jaitley proposes to amend Sebi Act to increase benches in SAT

All the orders passed by the Securities and Exchange Board of India (Sebi) can be appealed in SAT.

Sebi faults Vinal Investments on SCORES, fines Rs 1.5 lakh

Sebi, in August 2012, had asked all listed companies to get SCORES authentication by September 14 of the same year, failing which they would have to face enforcement action. But Vinal Investments failed to do so even after repeated reminders, leading to a fine.

SAT may hear SBI Life case against IRDAI this week

The insurer has sought relief against a decision of IRDAI asking it to refund Rs 275 crore to all its policyholders who had bought its Dhanraksha Plus policy in the past

SEBI won't revisit 25% public holding norm in listed cos

The SEBI Chairman also underscored for ushering in transparency and corporate governance in the listed companies and said that the regular has already made electronic voting mandatory for election of board members of all listed companies.

SAT adjourns DLF case hearing to January 12, 2015

SEBI has responded to this question saying it does not require the Delhi High Court's permission to charge the appellant under any portion of the SEBI Act.

Fin Tech can be held guilty under Cos, Sebi Act: Expert

Speaking to CNBC-TV18 soon after Financial Technologies' auditor said that the FY13 earnings are no longer reliable, Ranina, corporate tax lawyer said that the company has allegedly committed a very serious offence by presenting false accounts.

Amendments to the SEBI Act get Lok Sabha nod

Lok Sabha on Tuesday approved amendments to the SEBI Act providing for appointment of presiding officer at the Securities Appellate Tribunal (SAT).

Government takes steps to curb ponzi schemes

Minister of State for Finance Namo Narain Meena informed the Rajya Sabha that an ordinance has been promulgated to amend the Sebi Act that would provide more powers to act against illegal collective investment schemes.

Cabinet likely to take up Sebi Act amendments tomorrow

The Cabinet is likely to discuss tomorrow, the ammendments into various regulations that will provide more powers to the market regulator Sebi.

SEBI must fortify surveillance, investigation depts: Sinha

Speaking to CNBC-TV18 on the occasion Sebi turning 25, Sinha says, the market regulator needs to strengthen its enforcement, surveillance and investigation division.

Cabinet amends Sebi Act to widen eligibility for SAT chief

The Cabinet today accepted the Sebi Act amendment to appoint a Securities Appellate Tribunal chief. Chidambaram announced a larger field of eligibility for the presiding officer at SAT

SEBI seeks more powers to deal with defaulters: Govt

The government today said market regulator SEBI has sought stronger powers to recover monetary penalties from defaulters.

All you want to know about SEBI consent mechanism

Sumit Agrawal and Robin Baby recently authored a book on the SEBI Act of 1992. Attached in an excerpt relating to the consent mechanism of the Act.

SAT upholds SEBI order against Sahara to refund money

SAT has ordered Sahara to repay within six-weeks, reports CNBC-TV18.

Looking at ways to incentivise MF distributors: SEBI

UK Sinha, Chairman of the Securities and Exchange Board of India said the mutual fund distribution landscape has undergone a dramatic change in recent times.