 "sebi market")
The board of the market regulator, Securities and Exchange Board of India (Sebi), on Monday announced a range of changes to regulations. The regulator has been under pressure with accusations of a toxic work culture and allegations of conflict of interest against the chairperson. Neither subject was reportedly on the agenda. However, the regulator surprised market watchers by leaving the framework for futures and options (F&Os) unchanged at its board meeting but issued a circular on Tuesday, raising the entry barrier and making it costly to trade in equity derivatives.
The board introduced several changes such as
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