SEBI to comprehensively review short selling and SLBM frameworks: Tuhin Kanta Pandey

SEBI to comprehensively review short selling and SLBM frameworks: Tuhin Kanta Pandey

Securities Exchange Board of India (SEBI) chief Tuhin Kanta Pandey has said that the capital markets regulator will comprehensively review short selling and securities lending and borrowing mechanism (SLBM), after acknowledging that the system remains underdeveloped compared with other jurisdictions. Speaking at the CNBC TV-18 Global Leadership Summit, Pandey said, “An active SLBM scheme is…

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Sebi allows transfer of PMS business to simplify operations, ease compliance burden

Sebi allows transfer of PMS business to simplify operations, ease compliance burden

Securities and Exchange Board of India (Sebi) has allowed portfolio managers to transfer their Portfolio Management Services (PMS) business after obtaining approval from the regulator. In a circular today, the market watchdog stated that the initiative is part of its broader efforts to promote ease of doing business and simplify compliance in the capital market…

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