Increase in stock lending tenure inappropriate at the this juncture
At any other time the Securities and Exchange Board of India’s (Sebi) decision to extend the tenure of contracts for stock lending and borrowing (SLB) up to a maximum period of 12 months would have...
View ArticleSebi must lead by example
Decision to drop proceedings against NSDL shows it in poor lightThe Securities and Exchange Board of India’s (Sebi) decision to drop proceedings against the National Securities Depository Limited...
View ArticleLeave it to the regulator
MCX-SX’s application to the Bombay High Court seeking court intervention to make the capital markets regulator, Sebi grant permission to set up an exchange raises a number of disturbing questions,...
View ArticleSafety is paramount for Pension funds
The Securities and Exchange Board of India (Sebi) Chairman, UK Sinha has strayed beyond his remit by calling for greater investment by pension funds in the stock market. This is a matter of policy that...
View ArticleCCI Got it Wrong
For a body that has often been derided as toothless, the Competition Commission of India (CCI) bared its fangs last month. Without justification! In an unprecedented order, it held the National Stock...
View ArticleTruth must out!
Whatever the truth of the allegations and counter-allegations made by former Securities and Exchange Board of India (Sebi) board member, KM Abraham and Sebi chief, UK Sinha, there is no denying the...
View ArticleEnough of smoke & mirror
After months, if not years, of inaction, there is a buzz around disinvestment again. Not directly - that would be too much to expect from a government that has shied away from any kind of reform - but...
View ArticleWith apologies to Marx, ‘To each according to her risk appetite’
Sebi’s decision to hike the floor for the portfolio management scheme is wise The Securities and Exchange Board of India’s (Sebi) decision to hike the floor for portfolio management schemes (PMS) to...
View ArticleSebi’s needless adventurism
Listing of stock exchanges raises huge conflicts-of-interest The Securities and Exchange Board of India’s (Sebi) decision to allow stock exchanges and depositories to list may turn out to be a case of...
View ArticleLook before you leap!
Guarantees of any kind go against the grain of Look before you leap! ; Sebi must not repeat the US 64 mistake It would seem the fiasco with assured returns under the US 64 scheme of the Unit Trust...
View ArticleSebi's crackdown on Sahara should act as a deterrent for the future
In a blow for investor protection, on Wednesday the Securities and Exchange Board of India (Sebi) ordered a freeze on all bank accounts of Sahara India Real Estate Corp. Ltd (SIRECL) and Sahara Housing...
View ArticleIt is naive to believe there is any law to end all financial fraud
The jury is still out on the merits of unified regulationOne of the most unfortunate (and dangerous) fallouts of the Sharadha group scam is the naïve belief that there is a law that can kill Ponzi...
View ArticleMaking a mockery of our democracy
However justified, the nitty-gritty of the ordinance to empower Sebi must be debated in ParliamentI have no quarrel with the government’s decision to give the capital markets’ regulator, Securities and...
View ArticleProbe into NSEL must extend to MCX-SX as well
According to news reports, the Department of Consumer Affairs (DCA) had served notice to the Financial Technologies-promoted NSEL (National Spot Exchange of India) based on the Forward Market...
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