REGULATIONS


MDT/PTI 22 June 2012
RBI has not been comfortable with the fast growth of gold loans, which led the regulator to tighten norms on banks' exposure and also bring down loan-to-value ratio Mumbai:  Under lens of the Reserve Bank of India, leading gold finance companies have decided to form a self-regulatory...

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MDT/PTI 22 June 2012
Besides disseminating the information on real-time basis to investors and others, the XBRL technology-based new system will also help SEBI itself as also other regulatory and investigative agencies in monitoring any irregularities Mumbai: Market regulator Securities and Exchange Board of...

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MDT/PTI 22 June 2012
When our country is fighting against the menace of corruption, if a high ranking official of SEBI is granted bail that will send wrong signals to the society Ahmedabad: A special court of the Central Bureau of Investigation (CBI) has rejected bail application of Averjeet Singh, the...

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Dr SD Israni 20 June 2012
Will the changes in the system of consent orders make it more transparent and effective? With the advent of the Securities and Exchange Board of India (SEBI) in 1992, for the first time, Indian capital markets were exposed to a regulator whose main task was to protect the interest of...

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Good corporate governance requires people of integrity and personal integrity. It cannot be regulated—it needs to be internalized and practiced, especially by those who preach these values to others   The conviction of Rajat Gupta has sent shock waves throughout the business world...

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MDT/PTI 19 June 2012
  SEBI took up 107 cases but completed investigations in only 14 cases with large number of cases related with market manipulation, price rigging and insider trading remaining incomplete over the last five years   New Delhi: Market watchdog Securities and Exchange Board of India...

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Although SEBI has remained silent about bribery charges against its staff, it is time the regulator puts out a comprehensive statement on the status of the investigations   Can the Securities & Exchange Board of India (SEBI) remain silent about  questions raised by the arrest of its...

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Moneylife Digital Team 16 June 2012
Manhattan jury finds Gupta guilty on three counts of securities fraud and one count of conspiracy out of six charges; faces upto 20 years in prison   Rajat Gupta, 63, whose meteoric rise to head McKinsey & Company, is considered one of the biggest Indian success stories, has been...

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MDT/PTI 16 June 2012
Having fallen from respected insider to convicted inside trader, Rajat Gupta has now exchanged the lofty board room for the prospect of a lowly jail cell Rajat Gupta, former Director of Goldman Sachs and the poster boy of Indians at the Wall Street, was found guilty of illegally tipping...

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  FIIs issuing ODIs or PNs would have to submit details of such transactions along with the monthly summary report by 10th of every month   Mumbai: Market regulator Securities and Exchange Board of India (SEBI) has revised the reporting timeline for Foreign Institutional Investors...

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  SEBI relaxed investment norms for overseas individual investors that would allow investors from Gulf countries to invest in Indian stock markets   Mumbai: Market regulator Securities and Exchange Board of India (SEBI) has allowed investors from Gulf countries to invest in stock...

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Virendra K Jain 28 May 2012
The rapid developments with regard to the “Consent Order” mechanism to settle regulatory action initiated by the Securities & Exchange Board of India are rather intriguing On Friday, 25 May the Securities and Exchange Board of India (SEBI) released revised consent rules by amending its...

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Moneylife Digital Team 24 May 2012
Once the regulation of investment advisors comes into effect, the industry will benefit,” SEBI deputy general manager Maninder Cheema said while addressing a seminar on ‘Future of career in financial planning,’ organised by the Financial Planning Standards Board (FPSB). Aimed at...

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Facts of each case will decide which orders can be appealed against   As investors, we have often felt let down by a listed company or have been taken for a ride because of wrong or misleading information. Every time this happens, we feel the urge to lodge a complaint against the...

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Nearly 181 private companies and 16 PSUs would need to sell shares before the August 2013 deadline in order to comply with the 25% shareholding rule. Will corporate India succeed in another deferment of the deadline? 'Not again’, we said, on reading SEBI (Securities and Exchange Board of...

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Moneylife Digital team 08 May 2012
SEBI said it was in talks with other regulators, including RBI and IRDA, for common know-your-customer (KYC) norms for the financial sector. KYC with any one of the KYC Registration Authority (KRA) will suffice for all the transactions across spectrum of the financial sector, SEBI chairman

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Moneylife Digital Team 07 May 2012
Regional offices can clear proposals for IPO of up to Rs500 crore and would also be delegated powers with respect to mutual funds, inspection Chennai : Market regulator Securities and Exchange Board of India (SEBI) on Monday said its regional offices would be delegated powers to clear...

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Jesse Eisinger (ProPublica) 03 May 2012
The SEC brought a civil case against a tiny, iconoclastic ratings agency called Egan-Jones accusing it of filling out forms wrong. The allegations seem especially paltry when compared with the disastrous performance of the ratings agencies that matter—Moody’s and S&P The Securities and...

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The United Stock Exchange is the worst example of SEBI’s dereliction of duty. The fourth forex-derivatives bourse, set up by a bunch of institutions, was permitted to start operations without a revenue model, SEBI and the Reserve Bank of India did not question this In India, poor public...

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Moneylife Digital Team 26 April 2012
AMFI chief HN Sinor has admitted that SEBI and AMFI had made a costly error in banning entry load for mutual funds. Remember, fund companies had welcomed the ban, as had mainstream media In a recent interview with Economic Times the Association of Mutual Funds of India (AMFI) chairman HN...

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