Clarification regarding Online Resolution of Disputes in the Indian Securities Market
The circular provides the norms for conducting arbitration and the eligibility criteria to apply for it and conduct it.
Master Circular for Alternative Investment Funds
All applicants desirous of seeking registration as an Alternative Investment Fund (‘AIF’) are required to submit their applications only online, through the SEBI Intermediary Portal at https://siportal.sebi.gov.in.
Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018
No person shall conduct, organize or assist in organizing any stock exchange or clearing corporation unless he has obtained recognition from the Board in accordance with the Act, rules and these regulations.
NSE revises penalty structure for unauthorized trades
The penalty for unauthorized trades shall be determined by Investor Grievance Redressal Committee (IGRC)/Arbitration. Monetary Penalty per case shall be Rs.50,000/- or 3% of the admissible amount determined in the IGRC/Arbitration order/award, whichever is higher.
Guarantee Scheme for Corporate Debt
This innovative scheme aims to provide a safety net for the Corporate Debt Market Development Fund (CDMDF), an Alternative Investment Fund (AIF) established under SEBI Regulations, and facilitate investments in corporate debt securities. The scheme, managed by the Guarantee Fund for Corporate Debt (GFCD), seeks to stabilize markets and foster investor confidence.
Framework for restricting trading by Designated Persons by freezing PAN at security level as per SEBI (PIT) Regulations, 2015
Listed entities are required to designate one of the depositories as its designated depository and provide the information including PAN of Promoter(s), promoter group, director(s) and designated person(s) in the manner as specified by the depositories.
Securities and Exchange Board of India (Stock Brokers) (Second Amendment) Regulations, 2023
The amendment provides that no separate registration shall be required for any person registered with the limited purpose clearing corporation as a participant for participating in the tri-party repo segment for undertaking proprietary trades in corporate bonds. The term ‘participant’ here means any person who is an eligible entity as stipulated under the Repurchase Transactions (Repo) (Reserve Bank) Directions, 2018.
NSE advises investors not to subscribe to any scheme/product offered by any persons/entity offering indicative/assured/guaranteed returns in the stock market
The NSE has cautioned Investors against the person “Anurag Choubey” associated with entity named “Stock Gurukul” operating through mobile number “8319384910” providing securities market tips for trading and assuring returns on investment in stock market and offering to handle trading account of investor by asking investors to share their credentials.
SEBI has issued Consultation paper on Prudential norms for exposure of Clearing Corporations
Prudential norms for exposure of Clearing Corporations with the objective to mitigate the concentration risk or exposure of Clearing Corporations (CCs)to various entities through stipulation of prudential norms.
Legal framework for a New category of Mutual Fund schemes for Environmental, Social and Governance (“ESG”) Investing and related disclosures
Mutual Funds shall disclose in the monthly portfolio statements of ESG schemes security wise BRSR Core scores{as and when the same is made available by SEBI registered ESG Rating Provider (ERPs)},along with the BRSR scores.
