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Can NSE Cherry-pick Its Punishment for the Algo Scam? Does SEBI Have the Power To Permit It?


Can NSE Cherry-pick Its Punishment for the Algo Scam? Does SEBI Have the Power To Permit It?
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The National Stock Exchange (NSE) released its annual report over the weekend, making news for the announcement that it was planning to apply again for an initial public offering (IPO). The Indian capital market is in a rare bull market where food delivery major Zomato is seeing its share price surge after a hugely successful IPO without any sign of profits. Policybazar, another loss-making entity, is all set to pick up funds and the public is lining up to provide funds, not only to it but almost every internet company that is quick enough to ride this wave! ....

Andhra Pradesh , Arvind Sawant , Pankaj Chaudhary , Kerala High Court , Parliament Mps , Indian School Of Business , Exchange Board Of India , Education Fund , Bombay Stock Exchange , Central Bureau Of Investigation , National Stock Exchange , Exchange Board , Co Location Scam , Investor Protection , Securities Appellate Tribunal , Kerala High , Indian School , Central Bureau , Anugrah Stock , Karvy Stock Brokers , Stock Exchanges , Clearing Corporations , ஆந்திரா பிரதேஷ் , அரவிந்த் சாவண்ட் , பங்கஜ் ச Ud த்ரி , கேரள உயர் நீதிமன்றம் ,

SEBI calls for mechanism to prevent market abuse


SEBI calls for mechanism to prevent market abuse
Updated:
Updated:
MIIs told to formulate code of conduct
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MIIs told to formulate code of conduct
SEBI on Wednesday asked stock exchanges, clearing corporations and depositories to put in place a code of conduct and institutional mechanism to prevent fraud or market abuse by them and their designated persons.
Under this, the managing director (MD) or chief executive officer (CEO) of market infrastructure institutions (MIIs) will be obligated to frame a code of conduct and put in place an institutional mechanism. Further, the board of directors needs to ensure compliance by the MD/CEO in this regard. MIIs will have to formulate a code of conduct to regulate, monitor and report trading by their designated persons and immediate relative of designated persons towards achieving compliance with the prohibition of insider trading regulations. ....

Suresh Nambath , Digital Subscription , Support Quality , Stock Exchanges , Clearing Corporations , Code Of Conduct , Institutional Mechanism , Prevent Fraud , Market Abuse , டிஜிட்டல் சந்தா , ஆதரவு தரம் , ஸ்டாக் பரிமாற்றங்கள் , அழித்தல் நிறுவனங்கள் , குறியீடு ஆஃப் நடத்தை , நிறுவன பொறிமுறை , ப்ரிவெஂட் மோசடி ,