Impose time limit on show-cause notices, cut minimum fine: Brokers ask Sebi
At present, Sebi does not prescribe any period of limitation for issuance of a show-cause notice (SCN) or for completion of the adjudication proceeding.
Stay updated with breaking news from National Exchanges. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
At present, Sebi does not prescribe any period of limitation for issuance of a show-cause notice (SCN) or for completion of the adjudication proceeding.
Association of National Exchanges members of India (Anmi), a broker body, has written to the market regulator saying there was no timely public announcement by NSE regarding Wednesday's technical glitch, which has caused a huge monetary loss to members and investors, including intraday traders. "All open positions remained at peak levels. The glitch happened one day before the expiry of monthly and weekly contracts... Hence, there is a greater need of engaging deeper investigation in the matter," Anmi said in a note on Thursday. The body further said that trading could have continued since...
Farmers' protests: An intellectual biography of India’s new agri laws It is time for politicians, administrators, economists, policymakers and other concerned citizens to examine the evolution of these laws Gautam Chikermane December 13, 2020 11:29:47 IST Protesting farmers listen to a speaker as they hold an agitation at a highway. AP The debate around the economics and administration of farm laws stands frozen by politics. It is, therefore, time for politicians, admi...
An intellectual biography of India’s new farm laws A comprehensive guide to the history of India’s agriculture policy in the context of the recently enacted Farm Laws. he debate around the economics and administration of farm laws stands frozen by politics. It is, therefore, time for politicians, administrators, economists, policymakers and other concerned citizens to examine the evolution of these laws. The three laws that have been enacted by Parliament attempt to take farmers towards harvesting economic gains; they have thus far been held back by outdated laws, manipulated markets and ...