SEBI Consultation Paper on Review of Framework for Social Stock Exchange

SEBI has issued a Consultation Paper on Review of Framework for Social Stock Exchange to seek comments/views/suggestions from the public and other stakeholders on various proposals of the Social Stock Exchange Advisory Committee (SSEAC) to review the framework for Social Stock Exchange.

SEBI Consultation Paper on draft circular for change in cut-off timings to determine applicable NAV with respect to repurchase/ redemption of units in overnight schemes of Mutual Funds

The Securities and Exchange Board of India (SEBI) recently released a draft circular seeking public comments on a significant proposal to amend the cut-off timings for determining the applicable Net Asset Value (NAV) concerning the redemption of units in Overnight Mutual Fund Schemes (MFOS). This change, proposed in collaboration with industry stakeholders, aims to enhance operational efficiency while safeguarding client funds entrusted to Stock Brokers (SBs) and Clearing Members (CMs).