Page 2 - Latest Updates on SEBI
Sebi targets NFO mis-selling with new rule to prevent portfolio churn
Regulator puts an end to switching of funds by distributors for higher NFO commissions
 "Sebi targets NFO mis-selling with new rule to prevent portfolio churn")
Laxmi India Finance files draft papers with Sebi to raise funds via IPO
The Jaipur-based company's proposed IPO is a combination of a fresh issue of 1.04 crore shares and an offer for sale (OFS) of 56.38 lakh shares by promoters
 "Laxmi India Finance files draft papers with Sebi to raise funds via IPO")
Market Today: GIFT Nifty sinks; Dow Jones bleeds on Fed rate cut; DAM IPO
The central bank delivered its 3rd consecutive rate cut but signaled a slowdown in future reductions, leaving investors wary. The Fed trimmed its benchmark interest rate by a widely anticipated 25 bps
 "Market Today: GIFT Nifty sinks; Dow Jones bleeds on Fed rate cut; DAM IPO")
Sebi extends futures trading ban on seven agri-commodities till Jan 2025
Shorter extension tenure kindles hope of early resumption of futures in some commodities
 "Sebi extends futures trading ban on seven agri-commodities till Jan 2025")
New Sebi norms: SIFs to target wealthy investors with high-risk appetite
The regulator has laid down a few investing rules and regulations for this strategy. The new product line may have offers across open-ended, close-ended, and interval investment strategies
 "New Sebi norms: SIFs to target wealthy investors with high-risk appetite")
Sebi tightens regulations for SME listing, widens UPSI definition
Regulator also overhauls regulations governing investment bankers
 "Sebi tightens regulations for SME listing, widens UPSI definition")
Sebi cracks down on YouTuber for illegal investment advisory services
Sebi's investigation revealed that YouTuber Ravindra Balu Bharti and his company targeted novice investors by providing unregistered investment advice, trade recommendations, and execution services
Indian REITs Association appoints Alok Aggarwal to drive sector growth
Established in 2023, the IRA is a non-profit trade organisation that supports the growth and development of India's Real Estate Investment Trust (REIT) sector
 "Indian REITs Association appoints Alok Aggarwal to drive sector growth")
Sebi rolls out Specialised Investment Fund for HNIs with Rs 10 lakh minimum
No SIF can allocate more than 20 per cent of its net asset value (NAV) to debt instruments issued by a single issuer, which are not rated below the investment grade.
 "Sebi rolls out Specialised Investment Fund for HNIs with Rs 10 lakh minimum")
Markets today: Fed outcome; Sebi Board meet; MobiKwik, Vishal Mega listing
Stock Market Today: Indian markets took a sharp hit in the previous session as foreign portfolio investors (FPIs) turned wary ahead of the Fed's policy outcome
 "Markets today: Fed outcome; Sebi Board meet; MobiKwik, Vishal Mega listing")
AIFs can play critical role in job creation: Former Sebi chief Sinha
The career bureaucrat who served as Sebi chairman for 6 years said there are other challenges confronting the economy as well, but singled out jobs as a critical function where AIFs can be of help
 "AIFs can play critical role in job creation: Former Sebi chief Sinha")
A fifth of AIF investments questionable in terms of intent: Sebi official
Whole-time member Ananth Narayan calls for adopting accredited investor model
 "A fifth of AIF investments questionable in terms of intent: Sebi official")
Market regulator Sebi extends MF expense structure to new asset class
Regulator notifies investment rules for 'specialised investment fund'
 "Market regulator Sebi extends MF expense structure to new asset class")
Sebi eases norms for boarding of investment advisors, research analysts
Allows part-time advisors and analysts, reduces compliance requirements
 "Sebi eases norms for boarding of investment advisors, research analysts")
Mkt regulator Sebi proposes platform to track unclaimed MF folios
A folio is considered inactive when no investor has initiated any transaction in the last 10 years but the unit balance is available
Shares of real estate firm TARC slide 10% after Sebi orders forensic audit
TARC added that it will provide all information, assistance and cooperation, and that it remains committed to 'highest standards of corporate governance'
 "Shares of real estate firm TARC slide 10% after Sebi orders forensic audit")
Developing LLM to cut approval times further: Sebi member Narayan
LLMs are advanced AI systems designed to understand and generate human language. They use deep learning techniques and are trained on massive amounts of text data
 "Developing LLM to cut approval times further: Sebi member Narayan")
Market regulator Sebi weighs easing norms for Alternative Investment Funds
With the checks and balances now in place, we are in a position to consider greater product and innovation flexibility to AIFs, Ananth Narayan, a whole-time member of Sebi board said
Sebi issues administrative warning letter to HDFC Bank over non-compliance
n a letter to the bank, Sebi said the violations by the bank have been viewed seriously, and the bank has been warned to be careful in future
 "Sebi issues administrative warning letter to HDFC Bank over non-compliance")
Sebi plans to introduce rules to streamline algo-trading for amateurs
Under the proposal, stock brokers can offer such a facility to retail investors only after getting each program approved by the stock exchanges
