REGULATIONS


SEBI recently issued a press release claiming to have busted an organised gang trying to cheat targeted individuals with the false promise of riches. Its claims leave a lot of questions unanswered   On 9th April, the Securities & Exchange Board of India (SEBI) issued a press release...

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Moneylife Digital Team 16 April 2013
The registration has been cancelled for allegedly violating broker norms, including furnishing false details to obtain recognition as a market intermediary, SEBI said in a release The Securities and Exchange Board of India (SEBI) has cancelled the registration of Mudra Bullions Pvt Ltd,...

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Moneylife Digital Team 16 April 2013
The High Level Committee has decided to seek inputs and suggestions from the public, at the outset, on any aspect of the PIT Regulations, which in their opinion may merit a review The Securities and Exchange Board of India (SEBI) has constituted a High Level Committee to review the SEBI...

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Moneylife Digital Team 13 April 2013
After the “preliminary hearing” today, the Securities and Appellate Tribunal posted the matter to 20th April as the counsel for Sahara Group sought adjournment due to medical reasons The Securities Appellate Tribunal (SAT) today adjourned to 20th April its hearing on Subrata Roy's plea...

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Moneylife Digital Team 12 April 2013
As per SEBI’s directions, all trading members of stock exchanges would be required to submit on a continuous basis, the general business and organisation details, key personnel details, subsidiary and associate or group company details, among others   Market watchdog Securities and...

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Moneylife Digital Team 10 April 2013
SEBI's probe found that an investor was receiving calls from agents and brokers of MF and insurance companies asking him to invest more money to get an impressive return on products bought by his deceased son   Market regulator Securities and Exchange Board of India (SEBI) has unearthed...

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Moneylife Digital Team 08 April 2013
While SEBI opposed RIL’s plea saying that it is up to the regulator to decide on acceptance or rejection of a consent application, SAT said it is seeking written submissions from both the parties as it is hearing such a case for the first time The Securities Appellate Tribunal (SAT) on...

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Moneylife Digital Team 06 April 2013
The regulator said an existing stock exchange or new bourse willing to set up a debt segment is required to make an application with SEBI, providing operational, regulatory and any other necessary details The Securities and Exchange Board of India (SEBI) on Friday notified guidelines for...

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Moneylife Digital Team 04 April 2013
The arbitrator will now be selected from a centre-wise common pool through an automated process and all parties will be sent a system-generated text message or email Market regulator Securities and Exchange Board of India (SEBI), starting 1st April, has automated the process of selecting...

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Moneylife Digital Team 04 April 2013
SEBI is looking to find a process which guarantees that tax savers who invested under the RGESS are not affected by matters completely beyond their control, like an NFO failure   Market regulator Securities and Exchange Board of India (SEBI) said it is looking at how the interests of...

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Moneylife Digital Team 29 March 2013
FSLRC members like KJ Udeshi, PJ Nayak, JR Varma and YH Malegam have pointed out several issues with the recommendations of the Commission, especially about regulatory overreach and controls. The transfer of powers from RBI may even make the Finance Ministry a dominant regulator feared the...

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Moneylife Digital Team 26 March 2013
SEBI while asking the Sarafs of Zenith Infotech to provide a bank guarantee of $34 million, said the promoters and directors of the company have in a devious manner attempted to take away assets of a listed company, directly and indirectly, for their own benefit causing loss to shareholders

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Moneylife Digital Team 26 March 2013
The cash segment is possibly the most important part of equities market. However, SEBI and BSE are paying less attention to it The Securities and Exchange Board of India (SEBI)’s recent directive for opening a separate trading window for the so-called ‘illiquid’ shares may reduce the...

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Moneylife Digital Team 26 March 2013
The Securities Appellate Tribunal (SAT) on Tuesday adjourned its hearing in the Securities and Board of India (SEBI) and Sahara case to 13th April.   In an order, the SAT said, hearing of the appeal filed by Sahara Group chief Subrata Roy would be taken up along with appeals filed by...

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Moneylife Digital Team 25 March 2013
SEBI’s new regulation on illiquid stocks will have an adverse impact on equity markets in India and could alienate current and future investors Illiquidity in many micro- and small-cap stocks has always been of a serious concern to the small Indian investor and is one of the reasons why...

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Moneylife Digital Team 20 March 2013
A blue colour coded box would indicate low risk, yellow would signify a medium risk, while brown would represent schemes with high risk associated with the mutual fund scheme   Market regulator Securities and Exchange Board of India (SEBI) has issued a framework on “product labelling”...

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Moneylife Digital Team 15 March 2013
The market regulator is seeking clarificatory directions for implementing orders of the apex court. In a five point plea, SEBI has also asked for civil detention of Subrata Roy and three other Sahara directors and also wants them to deposit their passports with its whole-time member

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Moneylife Digital Team 13 March 2013
The market regulator has slapped a fine of Rs10 lakh each on ISF Securities and Vishwas Securities for executing trades amongst themselves in large quantities and creating artificial volume and price increase in the scrip of EIL   The Securities and Exchange Board of India (SEBI) on...

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The Companies Bill will be given more teeth with Special Courts and Mediation Panel One of the major weaknesses of the Companies Act, 1956 (the Act) is the excruciatingly slow prosecution process which gets further compounded by the equally slow legal process of the courts. For all...

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Moneylife Digital Team 07 March 2013
Sahara group chief Subrata Roy has approached the tribunal against a SEBI direction ordering attachment of his personal assets, along with some other top officials of Sahara India Real Estate Corp and Sahara Housing Investment Corp   The Securities Appellate Tribunal (SAT) today...

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