Category: securities law

The broker-dealers play a significant role in development of the capital market ecosystem, particularly retail participation. The Expert Committee Report on IFSC International Retail Business Development had recommended that the broker dealers in the IFSC …

Read More "Broker dealers incorporated in IFSC are permitted to access exchanges outside IFSC."

All registered Merchant Bankers are hereby advised to disseminate the Investor Charter on their websites/through e-mail and to displaying the Investor charter at prominent places in offices.

All registered Merchant Bankers are hereby advised to disclose on their websites, the Investor Charter for Public issue of debt securities, Public issue of non-convertible redeemable preference shares and Private placement of debt securities and …

Read More "SEBI Investor Charter to provide investors relevant information about the primary market issuances in the debt market"

A Silver ETF Scheme shall invest at least 95% of the net assets of the scheme in Silver or Silver related instruments.

The amendment provides that to reduce the compliance burden related to filing of supporting documents such as succession certificate/will/letter of administration or Decree etc. to effect transmission of securities held in physical / DEMAT mode, …

Read More "Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Second Amendment Rules, 2021"

SEBI, as an on-going measure to enhance the ease of doing business for investors in the securities market, has issued Common and simplified norms for Registrars to an Issue and Share Transfer Agents(RTAs).

Any dealing in activities related to unregulated product by Debenture Trustees may entail action as deemed appropriate under the SEBI Act, 1992 and regulations framed thereunder.

While filing draft placement memorandum at the time of registration or prior to launch of new scheme on the SEBI intermediary portal, the due diligence certificate provided by the Merchant Banker shall also be submitted, …

Read More "SEBI clarifies Modalities for filing of placement memorandum through a Merchant Banker"

BSE circular dated 06/09/2021 required listed companies to file RPT only in XBRL mode from the half year ended 30/09/2021. The listed banking companies are excluded from this requirement for the half year ended 30/09/2021.

Members are directed that any FDRs created out of the client funds received by the members should be only for the purpose of placing with clearing corporation/clearing members. Members are also directed not to invest …

Read More "NSE clarification regarding submission of data towards monitoring of client funds under Enhanced Supervision guidelines"