SEBI

No premature exits from close-ended funds: SEBI

No premature exits from close-ended funds: SEBIStock market regulator, Securities and Exchange Board of India (Sebi) has imposed ban on the premature exits from close-ended funds. It would now be necessary for all close-ended funds to list on the bourses. SEBI board has also announced to extend validity for public offers and rights, from three months to one year on the condition of filing of fresh document with the market regulator. All policy related news can be accessed from the website of the regulator. The new rules would be implemented on all new schemes while existing schemes would not be covered under new rules.

Don’t use borrowed fund in stock market: SEBI

Security and Exchange Board of IndiaSecurity and Exchange Board of India is closely watching the market conditions and would soon announce fresh steps for the stability of the stock market. It may restrict over-leveraged hedge funds to ensure smooth running of the stock market. SEBI chief, C B Bhave, who was speaking at the HT Leadership Summit expressed his views that Indian Stock markets will be among the first few to recover.

SEBI rules out to stop short term selling

SEBI rules out to stop short term selling The Securities and Exchange Board of India, on Thursday said that short term selling is not a cause of market meltdown. SEBI Chairman futher added that it would not stop short selling as a regulator at this point of time. 

SEBI warns of stern action against lending shares overseas

SEBI would take strict actions against illegal overseas lending and borrowing of Indian securities by FIIs. The regulatory body said in a release that it would not allow the overseas lending and borrowing activity of FIIs as it is not in the favor of cash market in India. It would give a vigil watch to such activities and may take more measures to deal with the lending/borrowing by FIIs.

The security and exchange board of India already asked FIIs to provide details of sub accounts and securities held by them. The detail would be available on the website of SEBI.

SEBI increases equity holding limit in stock exchanges

SEBI increases equity holding limit in stock exchangesThe Securities & Exchange Board of India (Sebi) has recommended 15 per cent equity holding limit for strategic investors. The current share holding limit for the strategic investors in stock exchange is 5 per cent only. The investors such as stock exchanges, depositories, clearing corporations, banks and insurers can invest more in the Indian stock exchanges. The investment limit is not changed for the individuals and companies and it would continue at the rate of 5 percent.

SEBI Clears The Air On ESOPs To Fi Nominee-Directors

The ownership of stock options by nominee directors of financial institutions SEBI Clears The Air On ESOPs To Fi Nominee-Directors  (FIs), which had been in limelight of controversy from quite sometime now, may get over now. SEBI, the market regulator, has said that nominee directors can own stock options if the FI which has nominated them permits them to do so. The announcement has cleared the grey area in the employees stock option scheme (ESOP), up till now.

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