The SEBI conducted an investigation into the trading activities of Jaisukh Dealers Ltd (JDL) between February 2014 and July 2016 to ascertain the possible violation of PFUTP (Prohibition of Fraudulent and Unfair Trade Practices) norms.
Capital adequacy requirements are generally needed for a company in the lending business. A broker whose role now has been restricted to be a platform provider for the traders or investors is not providing his money to his clients.
For now, there are just too many possibilities and variables, and sufficient information is still not available. AMCs are figuring out what to do and also making representations to SEBI
Captial markets regulator wants to ensure that accounts of all clients be made nil once in 30 or 90 days in the books of the stockbrokers, depending upon the preference of clients. It has already sought the feedback from various stakeholders.
The increase in the number of registrations of FPIs and growing inflows of investment in the Indian market signifies foreign investors' interests in India, SEBI has said.
The clarification came on Monday as part of an informal guidance sought by SREI Multiple Asset Investment Trust (SMAIT) with respect to AIF norms.
In June, Franklin Templeton had indemnified its trustees of any liabilities. But the High Court has said such indemnity cannot be given unless unitholders' agree
SEBI has passed an order on October 21, 2020, against the company asking it to deposit Rs 1,292.46 crore in an escrow account in a nationalized bank within seven working days
The order came after Ministry of Corporate Affairs (MCA) forwarded a report to SEBI to ascertain if the underwriter, which is a 100 percent subsidiary of Infrastructure Leasing & Financial Services Ltd (IL&FS), was qualified to be a "fit and proper person" to continue as a SEBI registered intermediary.
Birla Pacific Medspa Ltd (BPML), which came out with offer documents in March 2011, had floated its over Rs 65-core initial public offering (IPO) in June 2011.
The opposition to Sebi’s push to get listed companies to enhance disclosures on forensic audit is a misplaced one
Reports say that four out of the six Franklin Templeton debt schemes have turned cash positive already
The high court did not allow Franklin Templeton to distribute money in cash–positive schemes that the fund house has received.
The application had been necessitated on account of a scheme of amalgamation providing for the merger of NTPC's wholly-owned subsidiaries with itself, a Sebi order said.
The employee, Vandana Singh (noticee), general manager regulatory affair of Biocon at the time of investigation and also a designated person, is facing a fine of Rs 3 lakh for violating provisions of Prohibition of Insider Trading (PIT) norms.
As per the code of conduct of the firm, a pre-clearance of trades was needed from the compliance officer since the number of shares involved in the trade exceeded 50,000 scrips, to be approved in consultation with the company's chairman.
In the wake of the COVID-19 pandemic, the watchdog, in March, came out with various measures, including revision of market wide position limit, to ensure orderly trading and settlement to contain high market volatility.
The least the market regulator can do is impose the ‘Disgorgement of unlawful profit’ order on such offenders, which would mean collecting the unlawful profits
IPF is used to refund investors who have lost money after default by brokers. Capital market regulator has already held talks with stakeholders on T+1 settlement two weeks earlier. Almost all IPOs and rights issues have been over-subscribed this financial year, says Tyagi.
The phase I and phase II online examinations will be held on January 17 and February 27, 2021 respectively, for the recruitment of officers in Grade A, the Securities and Exchange Board of India (Sebi) said in a notice.
SEBI’s recent move to nab alleged front-runners is commendable, considering the scant regulatory base of just one clumsily drafted clause against front-running. The gaps against front-running are partly filled by a Supreme Court decision and a SEBI circular
The auditor was appointed to ascertain manipulation of books of accounts of the firm, misrepresentation of financials or business operations by the company, wrongful diversion of funds by promoters, directors or key managerial persons and business transfer and share purchase agreements.
The decision was taken based on the recommendations of the Commodity Derivatives Advisory Committee (CDAC).
The restoration of the cut-off time comes six months after SEBI decided to trim the cut-off timing for both equity and debt funds back in April, keeping in mind the coronavirus-led disruptions
The benefit of cut-off time being restored to 3 PM for equity fund purchases was not extended for switches from equity to debt funds