Clarification regarding Formulation of price bands for the first day of trading pursuant to Initial Public Offering (IPO), re-listing etc. in normal trading session
After discussion with stock exchanges and SMAC, the following has been decided for trading on first day pursuant to IPO or re-listing (including re-listing on account of scheme of arrangement but excluding scrips for which derivative contracts are available.
Internal Audit of Trading Members/ Clearing Members
The Members are required to submit the report electronically through the Inspection module in the Member Portal. Furthermore, members are directed to submit an undertaking along with the Internal Audit Report.
Submission of Half Yearly Networth Certificate
Members are advised to note that the link for submitting the Networth will be made available on ENIT COMPLIANCE NEW from 7th April, 2023, onwards. The User Manual for the same has also been provided.
NSE warning against security market tips
It has been brought to the notice of NSE that person named “Kirti Patel” associated with entities named “Decent Wealth Management” and “Money Forest” operating through mobile number “9016478696” and “7862029937” is providing securities market tips and assured/guaranteed returns on investment in stock market. Participation in such prohibited schemes is at investors own risk, cost and consequences as such schemes are neither approved nor endorsed by the Exchange.
Clarification regarding Usage of brand name/trade name by Investment Advisers (IA) and Research Analysts (RA)
investment advisers and research analysts may use the brand name/trade name/logo subject to SEBI directions. SEBI logo shall not be used by IA/RA.
Advertisement Code for Investment Advisers and Research Analysts
The Securities and Exchange Board of India (SEBI) has issued a circular directing Investment Advisers (IA) and Research Analysts (RA) to comply with the advertisement code for Investment Advisers (IA) and Research Analysts (RA).
Stock Brokers directed to Report Cyber Incidents
Members are required to report Cyber Incident(s) for the quarter ending March 31, 2023 through member portal. This reporting shall be done on or before 15th April 15, 2023.
SEBI Operational Circular for Debenture Trustees
A single operational circular has been prepared by consolidating all applicable circulars to remove inconsistencies and repetitions through consequent changes. For ease of reference, each chapter of this operational circular contains footnotes corresponding to the respective erstwhile circulars.
Revisions in rates of Securities Transaction Tax
The circular states that the rate of levy of STT for sale of an option in securities has been revised to 0.0625%. Similarly, the rate of STT for sale of a futures in securities has been revised to 0.0125% .
Comprehensive FAQs on SEBI (PIT) Regulations, 2015
The new comprehensive FAQs on SEBI (PIT) Regulations, 2015 provide valuable insights into the regulatory framework surrounding insider trading in India. By addressing common queries and introducing key changes, SEBI aims to enhance transparency and promote fair practices in the securities market. Market participants and stakeholders should familiarize themselves with these regulations to ensure compliance and contribute to the integrity of the Indian capital markets.
