SEBI Unveils Measures to Enhance Market Stability; Crucial Board Meeting on Sept 30

The Securities and Exchange Board of India (SEBI) has unveiled several measures aimed at enhancing market stability and investor protection. On July 30, SEBI introduced new regulations to address the increasing volatility in the financial landscape, according to Sauradeep Bag. Additionally, SEBI has requested details of 'side letters' from Alternative Investment Funds (AIFs) to ensure compliance and transparency, sources said via @moneycontrolcom. In a significant move to boost liquidity in the corporate bond market, SEBI has also allowed mutual funds to buy and sell Credit Default Swaps (CDS). A crucial SEBI board meeting is scheduled for September 30, marking the first since a controversy involving the Chairperson.