
The Securities and Exchange Board of India (SEBI) has introduced multiple proposals and directives aimed at enhancing market regulation and transparency. Key initiatives include a proposed online monitoring framework for stock brokers' system audits and a framework for Significant Digital Platforms (SDPs) to address stock manipulation and unauthorized investment advice. SEBI clarified that mandatory registration for digital platforms under the SDP framework will not be required. Additionally, SEBI proposed converting in-the-money (ITM) stock options into futures one day before expiry and suggested a 15-minute Close Auction Session (CAS) from 3:30 PM to 3:45 PM, replacing the Volume Weighted Average Price (VWAP) method for determining stock closing prices in the equity cash market. The regulator also directed merchant bankers to upload IPO documents on an exchange repository and proposed revised settlement rules for inactive trading accounts. In another directive, SEBI asked Mishtann Foods to recover nearly Rs 100 crore misappropriated and diverted to group entities, promoters, and directors.
SEBI mulls close auction session in equity market! New 15-minute session from 3:30 PM to 3:45 PM? https://t.co/brWPX46OtR
SEBI directs merchant bankers to upload IPO documents on exchange repository https://t.co/EkW6pc7GLS
#MarketsWithMC | SEBI asks Mishtann Foods to retrieve nearly Rs 100 cr misappropriated, diverted to group entities, promoters, directors Read for more 👇 https://t.co/hk6sWPlKgb #SEBI




