The board meeting of the Securities and Exchange Board of India (Sebi) is scheduled for September 30. Continuing with its consultative approach, the markets regulator, over the past one year has floated a number of discussion papers in areas such as IPO pricing, retail algo, and pricing of share sales by state-owned entities. We look at some of these key proposals.
1. Bringing MFs under purview of insider trading
What is proposed
Bringing mutual fund (MF) transactions under the purview of stringent insider trading regulations to prevent misuse of sensitive information by key personnel of the MF industry.
Current framework