#SEBI raises questions on 'mis-selling' of products by several mutual fund houses

#SEBI launches the new version of the SEBI complaint redress system (SCORES 2.0). SCORES 2.0 making redress process more efficient through auto-routing, auto-escalation, monitoring by the ‘designated bodies & reduction of timelines

#SEBI exemption is likely for some #PSBs and CPSEs to meet 25% minimum public shareholding by August 2024. No plan for a direct share sale in PSU banks currently: Govt sources to @Sapna_CNBC

Alert: Govt’s stake over 90% in Central Bank, #IOB, #UCO, Punjab & Sind Bank

#SEBI approves draft offer for IPO of TBO Tek, Awfis Space while paper of Orient Green Power is returned

#JustIn | #LIC gets #SEBI nod for additional 3 years to meet MPS norm

🚨Alert | MPS is Minimum Public Shareholding

⚡️Co now needs to achieve 10% public shareholding by
May 16, 2027

🚨Alert | LIC's public shareholding as of March 2024 is
3.50%

#SEBI relaxes some #KYC norms, breather of one year for completing KYC requirements to be given to #NRIs

For NRIs, to facilitate Aadhar, provision of KYC portability relaxed till April 30, 2025

ALERT: AMCs have started updating investors on revised norms via emails

#SEBI | Non-submission of ‘choice of nomination’ shall not result in freezing of Demat Accounts as well as Mutual Fund Folios

#HyundaiMotor Company has filed #DRHP with #SEBI for its proposed #IPO, to sell 14.2 crore shares in India via offer for sale

🚗Alert: Hyundai Motor Company has been India’s second largest OEM since FY2009

🚗Alert: Portfolio includes 13 passenger vehicle models across powertrains

🚗Alert: Company has 1,366 sales outlets across 1,031 cities and 1,550 service centres

#SEBI passes interim order in Religare Ent matter

🚨SEBI directs #ReligareEnt to apply to regulatory authorities including RBI, on or before July 12, 2024, for all approvals necessary for open offer.

#SEBI notifies measures for brokers to prevent & detect fraud or market abuse

SEBI Says 📢

*New norms applicable for brokers with active UCCs of >50,000 w.e.f Jan 1, 2025

*New norms applicable for brokers with active UCCs Of 2,001-50,000 w.e.f Apr 1, 2025

*New norms applicable for brokers with active UCCs up to 2,000 w.e.f Apr 1, 2026

*Alert: UCC Is Unique Client Code

*New norms for QSBs effective from Aug 1, 2024 if they are following needed measures

*Alert: QSB is qualified stock broker

#Hindenburg says #SEBI chief, husband had stakes in offshore funds invested in #AdaniGroup

#SEBI issues settlement order in Spandana Sphoorty case with payment of ₹38.12 lk

#SEBI issues settlement order in the CDSL case. Co had to make payment of ₹1.30 crore

New F&O eligibility criteria are largely in line with the one proposed earlier, 23 potential exclusion names

If a stock in F&O fails to meet new criteria for a continuous period of three months, on a rolling basis, then it shall exit from F&O

IIFL Alternative Research says

#FuturesTrading #SEBI

#SEBI & its employees have reaffirmed that such issues are strictly internal, believe that employees have played a critical role over the past 36 years

SEBI withdraws Sep 4 press release on employee complaints

Such issues are strictly internal & will be managed in accordance with organization’s high standards of governance: SEBI says

#SEBI on employee protests

#SEBI releases consultation paper on draft circular for simplified registration for Foreign Portfolio Investors (FPIs), seeks comments on #FPI consultation paper by October 15

#NewsFlash | Will work with #SEBI on choice of solo index for weekly F&O. Going through details, not yet decided on weekly index F&O, says #NSE CEO

#NewsFlash | #SEBI officials likely to appear before Public Accounts Committee of Parliament on 24th October 2024.

Public Accounts Committee of Parliament has summoned officials from Department of Economic Affairs, Ministry of Finance and SEBI

#IPOCorner | #SEBI approves #IPO of National Securities Depository

#NewsFlash | #SEBI approves Niva Bupa Health Insurance & Paras Healthcare #IPO