market regulator SEBI that an important board meeting is going to be held tomorrow IsThis meeting In mutual Fund industry Many important rules related to this can be reviewed. In this total expense ratio And Brokerage But limit Can also be discussed. yesterday’s Meeting In stockbroker provisions related to and ICDR framework It is also possible to discuss issues like changes in This ease of doing business with and retail On increasing participation of investors Too Discussion Will happen.
SEBI of board meeting agenda
According to information received from sources, in the agenda of tomorrow’s meeting mutual Fund regulation, stockbroker regulation And ICDR framework A full review is expected to be included. its purpose business ensure ease of doing and retail Investor participation has to increase. board SEBI Of full-Time of conflict of interest for members and officers code Can also discuss changes in. Old in other proposals physical of shares dematerialization make it easier for the public date issue In incentive give, hi-value date listed for companies limit increase and credit rating This may include expanding the scope of work of agencies.
TER including MF Comprehensive review of rules
institutional Brokerage And amc for relief request Is of. board total expense ratio ,TER) It may also reconsider the proposals to reduce the consultation Open in paper-Ended 15 for scheme Basis point And closed-ended 25 for scheme Basis point A cut was recommended.
SEBI by TER limit From STT, GST, CTT And stamp duty like legal levy It was also proposed to keep it out. Now, only management on fees GST taken separately, but second levy TER Join in. another proposal AMCs To performance-linked Expenditure ratio Related to starting. SEBI has said that the purpose of these measures is to increase transparency and regulatory Language To make it easier.
stockbroker review of rules
SEBI has said that the purpose of these proposals compliance To simplify, reduce costs, protect investors strong company rules and regulations actwith 2013 align Have to do. for the first time, algorithmic trading to formally any automated execution logic by using generate Or place were done order is defined as and Proprietary trading The definition of has also been clarified.
SEBI by stock Brokers to official securities of trading For Negotiated dealing system-order matching ,NDS-OM) platform till access to give and direct mutual Fund Plan In transaction facilitating digital platform one for execution only platform ,EOP) It has also been suggested to define.
current IPO lock-The rules related to these can also be easy
In tomorrow’s board meeting of SEBI IPO lock-to resolve these issues and Disclosure Modifications may be considered to make it easier. SEBI Pledged pre-issue to shares technology-enabled mechanism Of through lock-as in mark to allow to ICDR Can amend the rules. Now, mostly pre-issue to shares allotment for six months after lock-In has to be done, Depository Pledged to shares lock-Unable to tag as compliance problems in, listing delay and tight IPO timeline non-cooperative or trace impossible to do shareholders with coordination There are problems.
Other than this, SEBI abbreviated prospectus into a separate, easy to understand, 15-20 page offer document Summary It is proposed to be replaced by IPO main of Details Will join. This proposal can also be discussed in tomorrow’s meeting.