SEBI Risk disclosure with respect to trading by individual traders in equity futures and options segment
All Qualified Stock Brokers (QSBs) shall maintain the Profit and Loss (P&L) data of their clients on continuous basis as per format given in the Annexure-II of the paper and shall be retained for 5 years.
SEBI Consultation paper on institutional mechanism for asset management companies for deterrence of possible market abuse and fraudulent transactions
Consultation paper to seek public comments on institutional mechanism for asset management companies (AMC) for deterrence of possible market abuse and fraudulent transactions related to AMCs’ transactions and ensuring proper escalation, reporting mechanism, monitoring and compliance on an on-going basis.
SEBI Consultation paper on reduction of timeline for listing of shares in public issue from existing t+6 days to t+3 days
SEBI issued a consultation paper which seeks comments/views/suggestions from public on proposals pertaining to the reduction in timeline for listing and trading of shares in public issues from existing six days to three days for the benefit of issuers to have faster access to the capital raised and investors to have opportunity for having early credit and liquidity of investments.
SEBI Consultation paper on price band formulation for scrips in equity derivatives segment
SEBI published consultation paper on price band formulation for scrips in equity derivatives segment to strengthen volatility management and minimize information asymmetry.
NSE circular regarding Enhanced Supervision of Stock Brokers/Depository Participants
Members are required to identify their Key Management Personnel (KMP) and update their PAN details on the Exchange platform.
NSE circular regarding change in match score for PAN verification of unregistered participants introduced in CBRICS platform
In CBRICS platform, participant name is validated against the name linked with the PAN number and the match score has been reduced to 80% from 100%.
NSE clarification regarding Reporting of Bank Guarantees (BGs) created out of clients’ funds
Clearing Members are required to report breakup of Bank Guarantee (BG) placed as collateral with NCL on a weekly basis (details is provided in Member portal (ENIT)).
Consultation paper on proposal enabling direct participation by clients/ participants in the Limited Purpose Clearing Corporation – tri-party repo for corporate bonds
This proposal will facilitate direct participation in repo transactions in corporate bonds by entities which cannot take direct membership of the Stock Exchange/ Clearing Corporation viz. bodies corporate, NBFCs, Insurance companies, Mutual Funds, etc.
Consultation Paper on Strengthening of Investor Grievance handling mechanism through SCORES and linking to the Online Dispute Resolution mechanism approved by SEBI
The consultation paper seeks to solicit public comments on the proposal to strengthen the investor grievance handling mechanism through SEBI Complaint Redressal System (SCORES)and link the same with the online dispute resolution(ODR)mechanism which was recently approved by SEBI.
NSE clarification regarding modification of client codes (all segments) – delivery versus payment (dvp) reporting
In view of the circular published in April, trading members of the exchange are required to report all DVP transactions on a daily basis. This information is required to be uploaded in the extranet portal of the Exchange under prescribed format mentioned in the circular.
