SEBI Introduces New Measures to Enhance Market Efficiency, Save Rs 200 Crore, and Review Merchant Bankers

The Securities and Exchange Board of India (SEBI) has introduced several new measures aimed at enhancing market efficiency and protecting investors. Among the key changes, SEBI has implemented a new reporting system for brokerages, expected to save Rs 200 crore over five years. Additionally, SEBI has amended delisting rules by introducing a fixed price mechanism and proposed exempting subscription to Non-Convertible Debentures (NCDs) from restrictions under Insider Trading Regulations. SEBI is also working on a dozen AI projects to improve processes and efficiency. Furthermore, SEBI's measures to curb speculative trading are designed to enhance market stability, though they may initially reduce retail participation. SEBI's September 30 Board meeting is expected to discuss significant changes to the derivatives market and F&O expiry regulations. The capital markets watchdog is also reviewing Merchant Bankers Regulations, which could potentially force many of the 225 registered investment bankers out of business. SEBI chairperson Madhabi Puri Buch stated at the AMFI event that the corporate bond market will grow as rapidly as the equities segment. Additionally, the Parliament's Committee is likely to summon SEBI, with the Finance Ministry set to submit detailed accounts of SEBI to the Public Accounts Committee.