Pandey said fraudulent trading apps, deep fake impersonations, and unregistered advisers continue to deceive investors
Tuhin Kanta Pandet said SEBI is working on new reforms to introduce 'concise summary' of all the required information for 'easier comprehension'
As of October, the overall number of unique investors in India stood at 12.2 crore and the number has grown very fast since 2020 with the emergence of the Covid pandemic.
The moves come in a year when foreign investors have pulled out nearly $17 billion from Indian equities and the economy faces pressure from high tariffs imposed by the US on India's exports
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.
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.
Pandey concluded that SEBI’s regulatory stance is clear. 'We are first and foremost the guardian of trust in our markets. But we are also a facilitator of capital formation, enabling both investors and enterprises to participate with confidence and with ease of doing business'
Moneycontrol had reported that SEBI is exploring ways to deepen the cash market and had sought views of all stakeholders including exchanges, clearing corporations and brokers.
Pandey, speaking at CNBC-TV18’s Global Leadership Summit, highlighted that unregulated financial influencers have emerged as a major risk
SEBI will further rationalise IPO offer document summaries, streamline pledging related lock-in and push retail participation in corporate bonds and commodities. At the same time, SEBI is tightening market integrity, with stronger cyber resilience, AI-driven surveillance, secure UPI pathways and cleaner social media environment.
Pandey explained that MIIs have an established standard operating procedure (SOP) as per SEBI regulation
Real differentiator for market institutions will not be how they comply with regulations, but how meaningfully they internalise them, says Tuhin Kanta Pandey
Speaking at an event organized by the BSE Brokers Forum (BBF) Pandey asked for strengthening of commodities market and developing cash market further.
Tuhin Kanta Pandey reasoned that India has 'strong' macroeconomic fundamentals and the funds will certainly be there where the growth is
SEBI chief noted that the next phase of India’s market development will depend on a balanced partnership between technological innovation and regulatory foresight
Technology neutrality is actually not viable. Beyond a point, once a critical mass evolves, it’s very difficult to maintain neutrality, says Tuhin Kanta Pandey
Sebi chief said, India’s economy is on a strong growth path, fuelled by robust domestic demand and infrastructure investment, making it one of the fastest-growing major economies globally.
Pandey said that relying solely on the banks and government budgets for infrastructure financing exposes the concentration risk.
Sebi is of the view that enhanced institutional participation can bring in liquidity and make it more attractive as a tool for hedging, and regulations will developed to ensure 'prudent institutional access', said the chairman.
Speaking at an MCX event, Sebi chairman said there are plans to set up a working group on commodities to address the bottlenecks for the segment's volume growth.
Lease accommodation for Chairman in accordance with board-approved policy:SEBI
Sources familiar with the matter said that Sebi's interim findings are based on an expanded data review, with past SAT rulings in similar cases backing the limited disclosure of the regulator's internal communications.
Citing growing scale, profitability, and their role as first-line regulators, the board approved appointing two Executive Directors (EDs) of comparable stature to head key verticals at an MII, alongside the Managing Director (MD) on the governing board.
The first such session was conducted in Mumbai and its expected that SEBI will conduct more such sessions in other cities where banks head offices are based.
To drive inclusivity, Sebi is working on incentives for distributors to bring first-time investors from B30 cities and additional incentives to encourage women investors. “Financial inclusion will remain incomplete unless women are equally represented,” Tuhin Kanta said.