SEBI to partly reverse derivative settlement rules after pushback, sources say
SEBI told it had received 20,000 suggestions to tweak the rules in response to a consultation paper issued last month
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SEBI told it had received 20,000 suggestions to tweak the rules in response to a consultation paper issued last month
SEBI found that SBPL was offering a scheme called 'Making Millions Financially Free', promising assured returns of 18-48% annually while giving investors the impression that their money was being invested in the securities market
SEBIโs changes mark a significant expansion of investment options for the industry.
Indiaโs markets regulator approved an overhaul of rules for portfolio management service providers, permitting them to invest in overseas equities as it eases restrictions on the fast-growing industry.
Indiaโs market regulator has given arbitrage mutual funds more flexibility in managing their positions, according to people familiar with the matter, seeking to draw a key source of liquidity into the struggling closing auction for stocks.