The Securities and Exchange Board of India (SEBI) is the regulatory body for securities and commodity markets in India under the ownership of the Ministry of Finance, Government of India. SEBI was established on April 12, 1992 in accordance with the provisions of the Securities and Exchange Board of India Act, 1992. The Preamble of the Securities and Exchange Board of India describes the basic functions of the Securities and Exchange Board of India as More
Since the Sebi order on PR Sundar, many furus started deleting posts of their courses, workshops and ‘premium groups’ on social-media channels
Sebi has ordered a forensic audit, concerned about the disclosure of the company's financial information
In Chris Wood’s weekly newsletter, he detailed how some of the Asia (ex-Japan) portfolios have been changed
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These regulations will provide greater flexibility for index funds and ETFs, enabling them to offer transparency, diversification, and lower costs to investors, he explained
The market regulator had received two references inter alia alleging that PR Sundar was providing advisory services without obtaining the requisite registration from Sebi
SEBI has observed that the brokerage and transaction charges of some schemes was more than the TER limits prescribed, which resulted in investors paying more than double the TER limit for the scheme.
NCLT had on May 11 directed the exchanges to reassess and validate the non-compete clause of the merger, which was approved by the Securities and Exchange Board of India
According to the regulator, AIFs preferential distribution or PD structures could also lead to the ever-greening of loans
A Sebi investigation detailed how the money was used against the stated objective.
After studying India’s Rs 40 lakh crore mutual funds sector, SEBI has unearthed data on performance, churn, and brokerage paid to justify some radical proposals to reimagine the total charges collected from investors. Moneycontrol takes a closer look at what the numbers revealed.
Smaller real estate investment trusts is a good idea for investors and the market, but less onerous compliance please needed. An elephant in the room needs to be addressed too
SEBI’s proposal to review the definition of Unpublished Price Sensitive Information to include all material events, irrespective of whether they are deemed to be price sensitive or not, could blur the line between UPSI and material non-public information. Moreover, any unpublished information likely to be price sensitive already falls under UPSI definition. So why an amendment when an FAQ can clarify the position?
The regulator imposed a fine of Rs 20 lakh on Brij Kishore Sabharwal, Rs 15 lakh on Himanshu Agarwal and Rs 6 lakh on Alps Motor Finance Ltd (AMFL).
The Opposition party's assertion came after a media report claimed that the Supreme Court-appointed committee scrutinised SEBI's dropping of a key regulatory requirement for foreign portfolio investments (FPIs) months before it developed suspicions on Adani group shareholding.
“Not all is that bad,” say mutual fund industry officials, who Moneycontrol spoke with, on most of the proposals. The inclusion of brokerage costs, though, is a troubling recommendation for a few officials.
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In case securities are held in physical form, the managers of the trusts have been given time till June 30, 2023 to implement the change
The proposal is aimed at making the entire redressal process of grievances in the securities market comprehensive by providing an end-to-end solution and the process more efficient and faster by reducing timelines and introducing auto-routing and auto-escalation.
Among the SEBI consultation papers released on May 18 include attempts to take aim at suspicious trading activities, unpublished price sensitive information, and regulation of foreign venture capital investors. Each of these tasks are quite complicated but efforts to improve corporate business practices mustn’t flag
The proposal followed investor concerns over growing underperformance of MF schemes. Some investors have turned to passive schemes given their low cost, absence of fund manager risk and possibility of achieving near benchmark returns.
Pinning down perpetrators in suspicious transactions may be a tough task, but that’s not excuse enough to promulgate a draconian law
Price bands for scrip or a derivative contract represent the boundaries within which the competing orders of buyers and sellers are accepted for the day by the trading system of the stock exchange.
The proposed reduction in timelines for listing and trading of shares will benefit both issuers as well as investors.
In a consultation paper that SEBI issued on May 20, it has proposed setting up of internal surveillance systems in mutual fund houses to catch fraudulent activities. It wants fund houses to be more pro-active