Market watchdog Sebi will come down heavily on illicit 'initial coin offers' seeking public investments with promise of high returns from Bitcoins and other virtual currencies, amid a mushrooming of such schemes in the absence of any regulatory regime.

Mumbai: The Securities and Exchange Board of India (Sebi) and the Reserve Bank of India (RBI) are in consultations to give a boost to interest rate futures (IRF) which is currently struggling under low volumes, Sebi chairman Ajay Tyagi said on Thursday.

“With RBI we are re-looking at IRF which is currently seeing less traction,” Tyagi said at the NSE-NYU conference on Indian Financial Markets in Mumbai.

The Securities & Exchange Board of India (Sebi) chairman Ajay Tyagi on Tuesday came out very strongly against the leaking of price-sensitive information and key financial data of listed companies through social media, before such information is made public. “We are taking it very seriously. How come such messages, about reputed listed companies, are leaked quite close to the financial results? This is something we are not going to sit quietly on,” Tyagi said.

Mumbai: The markets regulator is “seriously” looking into the complaints about some individuals allegedly circulating key financial details and other market moving information about listed companies on social media groups before they are made officially public.

Securities and Exchange Board of India (Sebi) chairman Ajay Tyagi on Tuesday confirmed that the regulator has come to know of instances wherein price-sensitive financial data of reputed companies was leaked to right before the earnings were formally made public.

Observing that a lot of improvement is needed in corporate governance framework, Sebi whole time member G Mahalingam has called for more research work on this issue particularly in the area of board evaluation.

“Lot more research and work can be done in the area of corporate governance. Recently Uday Kotak came out with its set of regulations. What are the areas in corporate governance that need improvement is a fertile area for research,” Mahalingam said here late last evening.

Observing that a lot of improvement is needed in corporate governance framework, Sebi whole time member G Mahalingam has called for more research work on this issue particularly in the area of board evaluation. “Lot more research and work can be done in the area of corporate governance. Recently Uday Kotak came out with its set of regulations. What are the areas in corporate governance that need improvement is a fertile area for research,” Mahalingam said here late last evening? “Board evaluation guidelines has been issued by Sebi but how is it functioning now is great area of interest.

Market regulator Securities and Exchange Board of India (Sebi) has proposed to permit Mutual Funds (MFs) and portfolio managers (PMs) to participate in the exchange-traded commodity derivatives market. Sebi on Thursday issued a consultation paper seeking public views on this proposal, besides how they should be allowed and what regulatory framerwork should be put in place for this.

This is the second move by Sebi to allow institutional participants in commodity derivatives.

Infosys on Wednesday said it had approached market regulator, the Securities and Exchange Board of India (Sebi), to settle issues arising out of alleged disclosure lapses in the severance package paid to former chief financial officer (CFO) Rajiv Bansal.

The company, led by former chief executive officer (CEO) Vishal Sikka, had sanctioned the severance package of Rs 17.38 crore in October 2015. Bansal was sacked over differences with Sikka over the acquisition of Israeli technology firm Panaya for $200 million.

Mumbai: Capital market regulator Securities And Exchange Board of India or Sebi, in a late night circular on Thursday, prescribed norms for enhancing governance at mutual funds.

In the circular, the market regulator prescribed norms on director and auditor rotation.

Sebi today asked bourses to ensure that brokers provide details about securities pledged by a client as well as funds raised by way of pledging.

The move is part of efforts to strengthen supervision framework for stock brokers.

In a circular, Sebi has asked bourses to put in place a framework and ensure that brokers upload "ISIN wise number of securities pledged, if any, and funds raised from the pledging of such securities and consolidated number of securities pledged, if any, and the funds raised from the pledging of such securities" on a monthly basis.

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