SEBI
Moneylife Digital Team 29 June 2023
Market regulator Securities and Exchange Board of India (SEBI) has decided to reduce the period for listing initial public offerings (IPOs) to three days from six days, applicable in two phases. SEBI also introduced provisions for additional disclosures from foreign portfolio investors (FPIs) to guard against circumvention of regulations and possible misuse of the FPI route to circumvent requirements of press note 3 (PN3).

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Moneylife Digital Team 28 June 2023
Securities and Exchange Board of India (SEBI) has made available a facility for online remittance of fees payable to the market regulator. The link can be accessed from SEBI's website (www.sebi.gov.in) under the head 'click here to make payment of SEBI fees'.

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Moneylife Digital Team 22 June 2023
After passing an interim order in 2017, market regulator Securities Exchange of Board of India (SEBI) has allowed the statutory auditor of Arvind Remedies Ltd (ARL) to walk free with just a warning. The case is related to a forensic audit conducted by Punjab National Bank (PNB) highlighting various irregularities by Arvind Remedies in financial statements showing profits through inflated sales and non-existent purchases and sales.

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Moneylife Digital Team 21 June 2023
National Stock Exchange (NSE) and NSE Clearing Ltd (NCL) paid Rs72.64 crore to settle the February 2021 trading halt issue with the Securities Exchange of Board of India (SEBI). On 24 February 2021, NSE had to suspend trading for nearly four hours after a technical glitch affected the links from the telecom service providers. The glitch occurred as rates on NSE stopped updating at 10.08am, which led to the closure of the futures & options (F&O) segment by 11.40am and the cash market by 11.43am. It affected the online risk management system, due to which market functioning had to be halted.

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Moneylife Digital Team 21 June 2023
While letting Edelweiss Broking Ltd (now known as Nuvama Wealth and Investment Ltd) off with a rap on the knuckles for not reporting suspicious transactions, market regulator Securities and Exchange Board of India (SEBI) has asked the stockbroker to be more cautious while reporting suspicious transactions. The case is related to the dematerialisation and sale of shares in dormant accounts using forged documents by certain entities between 2008 and 2013.

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Moneylife Digital Team 21 June 2023
Market regulator Securities and Exchange Board of India (SEBI) has decided to standardise the format of trading preferences for clients at a single place for trading on different stock exchanges for the same or different segments. The provisions of the new circular would come into force from 1 August 2023.

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Moneylife Digital Team 19 June 2023
Market regulator Securities and Exchange Board of India (SEBI) has asked online bond platforms (OBPs) not to sell unlisted securities from their platforms. At the same time, SEBI, while revising Clause 5.2 of the OBP circular, decided to include a few new product categories, such as government securities and listed sovereign gold bonds.

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Moneylife Digital Team 13 June 2023
Market regulator Securities and Exchange Board of India (SEBI) barred Essel group chairman Subhash Chandra and Zee Entertainment Enterprises Ltd (ZEEL)'s chief executive officer (CEO) of Punit Goenka from holding directorial or key managerial positions (KMP) in any listed company or its subsidiaries.

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Capital markets regulator Securities & Exchange Board of India (SEBI) has said that it will auction 61 plots of Saradha Group and the proceeds of the auction will be distributed among the duped investors who lost their hard-earned money by investing in the multi-level marketing schemes of the said entity.

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Moneylife Digital Team 09 June 2023
Market regulator Securities and Exchange Board of India (SEBI) has asked registrars to issue and share transfer agents (RTAs) to process online service requests and complaints of investors. This is expected to help holders of physical security certificates.

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Moneylife Digital Team 31 May 2023
Amidst the Adani-Hindenburg row, market regulator Securities and Exchange Board of India (SEBI) has issued a consultation paper seeking enhanced transparency measures for foreign portfolio investors (FPI).

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Moneylife Digital Team 30 May 2023
Markets regulator Securities and Exchange Board of India (SEBI) slapped a fine of Rs15 lakh on Alchemist Infra Realty Ltd's former director Balvir Singh for illegally mobilising funds from the public through a collective investment scheme (CIS). Mr Singh has already been restricted from markets by the regulator.

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Moneylife Digital Team 22 May 2023
Market regulator Securities and Exchange Board of India (SEBI) floated a consultation paper seeking comments on the proposal to strengthen the investor grievance handling mechanism through SEBI Complaints Redressal System (SCORES) and integrate it with online dispute resolution (ODR) mechanism, which SEBI recently approved.

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Moneylife Digital Team 16 May 2023
To bring fractional ownership platforms (FOPs) under the regulatory ambit or perimeter, the market regulator, Securities and Exchange Board of India (SEBI) has issued a consultation paper seeking comments from the public

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Moneylife Digital Team 11 May 2023
Market regulator Securities and Exchange Board of India (SEBI) has cancelled the registration certificate of BRH Commodities Pvt Ltd (BRHCPL, formerly BMA Commodities Pvt Ltd), for multiple offences, including misutilisation of client securities and funds.

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At a press conference on 29th March, Madhavi Puri Buch, chairperson of the Securities and Exchange Board of India (SEBI), made a bold pledge that has gone viral. She declared, “There will not be another Karvy issue in our capital markets... If another Karvy-like instance happens, it will be on our dead bodies...

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Moneylife Digital Team 19 April 2023
Market regulator Securities and Exchange Board of India (SEBI) has suspended the certificate of registration of Keshav Securities Pvt Ltd for two months for failing to submit any bank account statement or details of loans given to Modispaces Real Estate Pvt Ltd.

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Moneylife Digital Team 14 April 2023
Exposing manipulative accounting adopted by Brightcom Group Ltd (BGL) and its promoters and directors, market regulator Securities and Exchange Board of India (SEBI) issued an interim order cum show cause notice to them.

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Moneylife Digital Team 14 April 2023
Punit Goenka, managing director and chief executive officer (MD&CEO) of Zee Entertainment Enterprises Ltd (ZEEL) has agreed to pay Rs50.70 lakh to settle an insider trading case with the Securities and Exchange Board of India (SEBI).

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Moneylife Digital Team 06 April 2023
While restricting investment advisors (IAs) and research analysts (RAs) from using its logo, market regulator Securities and Exchange Board of India (SEBI) asked them to also prominently display contact details, registration number, information about compliance officer and a disclaimer.

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