The move is a welcome step to protect investors from unfair business practices by investment advisors who are often guided by a quantum of commission.
This initiative is to protect the interests of investors in the securities market and to boost the development and regulate the securities market
Sebi will continue to concurrently administer and supervise all registered IAs and IAASB will be subject to periodic inspection by it
Under the framework, corporate foundations, political and religious organisations, among other entities should not be allowed to be on the bourse
The penalty has been reduced from Rs 1 crore to Rs 10 lakh, according to a SAT order dated June 9
For the ordinary equity investor these are times that make them nervous about possible fall in the market from their peaks
Under the new rules, timelines for completion of activities forming part of the delisting process have been introduced or revised to make it efficient
The FPO is being launched to meet the SEBI norm of minimum public shareholding of 25% in a listed entity
BSE Administration & Supervision has received recognition from Sebi to administer and supervise investment advisors registered with the regulator
Franklin Templeton has said it "strongly disagrees" with the findings in the Sebi's order and has decided to challenge the direction in SAT