Latest Updates Around The World
Mumbai: Markets regulator Securities and Exchange Board of India (Sebi) on Friday proposed revising the base price and price bands for exchange-traded funds (ETFs). Currently, stock exchanges have a fixed price band of 20% on the base price of ETFs, except for a 5% price band for overnight ETFs that invest only in TREPs (Tri-Party […]
Markets regulator Securities and Exchange Board of India (Sebi) has banned 26 people from accessing the capital markets for a period of up to two years after they were involved in price manipulation of SME shares DU Digital Technologies Limited. The regulator also ordered disbursement of Rs 98.78 lakh they had earned as illegal profits, […]
Markets regulator Securities and Exchange Board of India (Sebi) has streamlined the penalty framework for stockbrokers, scrapping 40 violations and reclassifying fines for 105 violations as ‘financial disincentives’. The revised framework now provides for sanctions for 90 violations. The decision to reclassify 105 violations as “financial barriers” is intended to remove the stigma associated with […]
