Sensex at 40 reflects Indian market evolution from manual trading to global integration: Sebi chairman

As India’s heartbeat index, the Sensex marks 40 years after its launch, the idea behind it was forward-looking at a time when the economy was largely inward-looking and market participation was limited and manual, Sebi Chairman Tuhin Kanta Pandey said on Friday.The index evolved along with the economy as India liberalized and integrated with global […]

SEBI board approves renewal of broker and MF rules; postpones the conflict of interest code

Tuhin Kanta Pandey, Chairman, Securities and Exchange Board of India | Photo credit: FRANCIS MASCARENHAS The Securities and Exchange Board of India (SEBI) on Wednesday approved a review of regulations for stock brokers and mutual funds, while deferring a decision on the proposed conflict of interest framework for the regulator’s board members, citing privacy and […]

Sebi in advanced stages of comprehensive review of stockbroker regulations: Tuhin Kanta Pandey

Markets regulator Securities and Exchange Board of India (Sebi) is at an advanced stage of a comprehensive review of stockbroker regulations, while preparatory work for the Settlement and LODR regulations has begun and public consultations will follow, chairman Tuhin Kanta Pander said at a CII event on Monday.Rules for stock brokers were 30 years ago […]

SEBI to comprehensively review short selling and SLBM frameworks: Tuhin Kanta Pandey

Securities Exchange Board of India (SEBI) chief Tuhin Kanta Pandey has said the capital markets regulator will comprehensively review the short selling and securities lending and borrowing (SLBM) mechanism after acknowledging that the system remains underdeveloped compared to other jurisdictions.Speaking at the CNBC TV-18 Global Leadership Summit, Pandey said, “An active SLBM program is critical […]