While the regulator will clear its accounts and policy initiatives for 2017-18, it will also address and clear key market issues. While the regulator will clear its accounts and policy initiatives for 2017-18, it will also address and clear five key market issues. To remove the conflicting issues or to ease the onerous Sebi norms for these stressed companies, the regulator will issue a discussion paper to ease public float requirements and delisting norms. Sebi will now have powers to disgorge ill-gotten gains and bar such fiduciaries from the securities market in case of lapses. Making mutual funds cheaperThe regulator will revise the expenses charged to mutual fund companies by 10 basis points.
Source: Mint March 28, 2018 03:45 UTC