Regulations
RBI warns about scam mails

RBI has issued another warning about scam e-mails & SMSs, and has asked people to stay away from such messages.

RBI advised people to register a complaint with the local police/cyber crime authorities, or through nodal agencies given on RBI’s website, with whom the public can register, in case of such an occurrence.

E-mails, usually from foreign countries, claiming you have won a...

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SEBI seeks overhaul of ‘CIS’ rules

SEBI has sought a complete overhaul of the current regulations for ‘collective investment scheme’ or CIS, as it fears that loopholes in current rules allow gullible investors to be taken for a ride.

In a CIS, the payments are pooled by investors for certain pre-specified purposes; profits are shared among them later. However, there have been numerous cases of investors being cheated through...

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IPO: SEBI to reform IPO norms

On 13th January, Rajeev Agarwal, whole-time member SEBI, said that the regulator is in the process of reforming the initial public offer (IPO) norms to ensure minimum price volatility on the day of listing. He also said that the disclosure norms should be such that investors should not lose money.

In December 2011, SEBI had barred seven companies from raising money from the public for...

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