The Securities and Exchange Board of India (Sebi) has allowed commodity exchanges to introduce trading in options. The regulator on Wednesday said in a circular sent to exchanges that would require its approval, which will be subject to guidelines that would be announced later.

Sebi has refrained from introducing index-based futures as of now. Leading commodity exchanges have their indices, but Sebi wants to finalise a standard methodology. “Traders need to hedge against price change in a particular commodity and not the overall market and, hence, index futures are not given a priority,” explained a person connected with the development.

In his last address at the Association of Mutual Funds of India’s (Amfi- the Indian mutual fund industry’s trade body) annual general meeting held in Mumbai on Monday as the chairman of the capital market regulator, Securities of Exchange Board of India (Sebi) chief U.K. Sinha nudged the mutual funds industry to advertise direct plans.

According to chief executive officers of three fund houses, who were present at the meeting, confirmed to Mint that Sinha wondered why mutual funds were not talking more about direct plans to their investors.

Putting in place enhanced supervisory framework for stock brokers, Sebi has issued a detailed set of guidelines to monitor their financial strength and detect any misutilisation of clients’ funds.

Besides, stock brokers will now have to follow a uniform nomenclature for “naming/tagging of bank and demat accounts” and reporting of such accounts to stock exchanges and depositories.

The Securities and Exchange Board of India (Sebi) board meeting on Friday amended the regulations for infrastructure investment trusts (InvITs) and real estate investment trusts (REITs) to facilitate their growth and allowed foreign portfolio investors (FPIs) to directly trade in debt markets.

The regulator also discussed floating a consultation paper on corporate governance issues in compensation agreements such as non-compete fees at the board meeting held at the new National Institute of Securities Market campus in Navi Mumbai.

The agitated employees of the stock market regulator, Securities and Exchange Board of India (Sebi), have formally written to the Board seeking its intervention to put in place a mechanism to respond to inquiries by law enforcement agencies, such as Central Bureau of Investigation (CBI).

Sebi is, in turn, likely to seek clarity from the finance ministry on CBI's scrutiny of its staffers in various high profile cases.

Markets regulator Sebi on Tuesday came out with the indicative format in its circular on the disclosures of distributors’ commission. Even board of the Association of Mutual Funds in India (Amfi) had discussed the issue of commission disclosures to distributors in consolidated account statement (CAS) from October 1, 2016.

In March, the Securities and Exchange Board of India (Sebi) had issued the circular stating that, fund houses should disclose actual commissions paid to the distributors in absolute terms during the half-year period.

Mumbai: The Securities and Exchange Board of India (Sebi) is examining whether its listing norms were breached in Yes Bank’s aborted $1 billion qualified institutional placement (QIP), said five people familiar with the matter, including officials of the capital markets regulator.

Sebi is also looking into the possibility of entities trading the stock on the basis of insider information, the people said on condition of anonymity.

To collect funds for repayment to investors, markets regulator Sebi will next month conduct an auction of three properties of West Bengal-based Tower Infotech Ltd, which had garnered money through illegal pooling schemes.

The Securities and Exchange Board of India (Sebi) has initiated the process for sale of assets of Tower Infotech Ltd, as per an order from Calcutta High Court, under which the auction would be conducted for sale of the company's assets.

Mumbai: The Securities and Exchange Board of India (Sebi) is considering allowing foreign portfolio investors (FPIs) who trade in the Indian markets through brokers to become members of stock exchanges in what could potentially be a big blow to local brokerages. The capital markets regulator is also considering asking companies to seek minority shareholder approval to grant special rights to private equity (PE) investors, a move that is unlikely to be popular with the latter.

The Securities and Exchange Board of India (Sebi) has sought major changes in the newly implemented central Know Your Customer (KYC) process. The regulator has written that several market intermediaries such as mutual funds (MFs), brokerages and even banks were facing issues adhering to the new central KYC process.

Starting August 1, the government has shifted to the central KYC process, to enable common and one-time KYC for all financial market intermediaries.

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