ArticleTracker: SAT's Ruling In G.R.K Reddy V. SEBI: Setting Precedent For Regulatory DiligenceThe sequence of events began with Akshaya Infrastructure Ltd. ("Akshaya") making a public announcement on October 20, 2011...IndiaMedia, Telecoms, IT, EntertainmentFinsec Law Advisors
ArticleNo Room For Brokers On The ‘Float'ing PlankAfter the Karvy scam that rocked the broking industry a few years back, Securities and Exchange Board of India (SEBI) had come out with various circulars and guidelines to protect investors. IndiaCorporate/Commercial LawFinsec Law Advisors
ArticleNot Buying It On ‘Buy Now Pay Later'Reserve Bank of India's (RBI's) recent directive prohibiting prepaid payment instrument (PPI) operators from loading PPIs with credit lines has caused a major upheaval in the digital lending industry...IndiaFinance and BankingFinsec Law Advisors
ArticleSEBI Cracks Down On Finfluencers Again: Directions Against Baap Of ChartNasir, operating as the sole proprietor of BoC, promoted himself as a stock market expert on various social media platforms. IndiaMedia, Telecoms, IT, EntertainmentFinsec Law Advisors
ArticleESG Rating Providers: New Kid On The BlockIn the past decade, many service providers have entered the ESG ratings industry, albeit without a regulatory oversight, or a uniform approach or benchmark for ESG ratings. IndiaCorporate/Commercial LawFinsec Law Advisors
ArticleShifting Narratives: Supreme Court Weighs Down On SEBI's BurdenThe recent Supreme Court decision in the PC Jeweller case is expected to force the market regulator to adopt higher standards of proof while investigating potential offenders ...IndiaCorporate/Commercial LawFinsec Law Advisors
ArticleBlurring The Line Between Mandatory And Discretionary Disclosures: SEBI Proposes To Modify Disclosure Requirements For Listed EntitiesSEBI has time and again emphasised the need for listed companies to ensure adequate and timely disclosure of material information/events to investors to maintain transparency and fairness in the market.IndiaCorporate/Commercial LawFinsec Law Advisors
ArticleRegulating Algo Trading–Two Attempts, Two Misses?The Securities and Exchange Board of India (SEBI) recently issued a circular addressed to stock exchanges and brokers in relation to performance/return claimed by unregulated platforms...IndiaCorporate/Commercial LawFinsec Law Advisors
ArticleFINSEC Tracker - Decoding The Advertisement Code For Investment Advisers And Research AnalystsAll advertisements used by IAs/RAs must be approved by a SEBI recognized supervisory body before being circulated, published or used.IndiaMedia, Telecoms, IT, EntertainmentFinsec Law Advisors
ArticleSupreme Court Provides Clarity On Power To Compound Offences Before SEBIOn July 22, 2021, the Supreme Court of India (SC) in the matter of Prakash Gupta v. SEBI while interpreting Section 24A of the Securities and Exchange Board of India Act, 1992...IndiaCorporate/Commercial LawFinsec Law Advisors
ArticleSAT Reaffirms The Relevance Of Motive To Hold A Person Liable For Insider TradingOn February 02, the Securities Appellate Tribunal (SAT/ Tribunal), in the matter of Quantum Securities Pvt. Ltd. v. SEBI and two other connected matters (Order), held that in order to penalise...IndiaCorporate/Commercial LawFinsec Law Advisors
ArticleRamification Of SEBI's Informal Guidance To LGT Wealth On Research Analyst ActivitiesA year ago, the Securities and Exchange Board of India ("SEBI") had caused a stir among several research analysts ("RAs") when it passed a settlement order in respect of ‘Mr. Amit Jeswani...IndiaCorporate/Commercial LawFinsec Law Advisors
ArticleUpholding Disgorgement PrinciplesCapital markets operate under a constant threat of malpractices which benefit a select few, at the cost of public investors and market integrity. IndiaCorporate/Commercial LawFinsec Law Advisors
ArticleMaking The Case For Mini-PMS To Fill A Vacuum For Retail InvestorsShanaya S., a software professional aged 28, is looking to invest Rs. 20 lakhs in the stock market.IndiaStrategyFinsec Law Advisors
ArticleSimplifying M&As: Delisting With Open OfferA reform highly sought in the listed M&A space has recently been undertaken by SEBI.IndiaCorporate/Commercial LawFinsec Law Advisors
ArticleKey Outcomes Of The SEBI Board Meeting – Towards Better GovernanceIn its board meeting held on December 20, 2022, the Securities and Exchanges Board of India approved a slew of proposals with regard to various SEBI regulations. IndiaCorporate/Commercial LawFinsec Law Advisors
ArticleSEBI Issues Revised Regulatory Sandbox PolicyOn June 14, 2021, Securities and Exchange Board of India (SEBI) issued a circular on 'Revised Framework for Regulatory Sandbox' (Revised Sandbox Policy), revising the erstwhile framework issued by SEBI...IndiaCorporate/Commercial LawFinsec Law Advisors
ArticleSEBI Board Meeting: Dissecting The Key OutcomesThe Securities and Exchange Board of India (SEBI), in its board meeting held on June 28, 2023, approved a number of changes to the regulatory regime...IndiaCorporate/Commercial LawFinsec Law Advisors
ArticleTrade Talk: The Future Of Algo TradingSecurities and Exchange Board of India (SEBI) proposed a framework for algorithmic trading by retail investors on December 09, 2021, IndiaFinance and BankingFinsec Law Advisors
ArticleTracker – Dissecting SEBI's Proposed Changes To Delisting NormsThe Securities and Exchange Board of India ("SEBI"), on August 14, 2023, released a Consultation Paper on the Review of Voluntary Delisting Norms under the SEBI (Delisting of Equity Shares) Regulations, 2021 ("the Paper").IndiaCorporate/Commercial LawFinsec Law Advisors