NSE co-location scam Current Affairs, GK & News
Section 15HAA inserted in SEBI Act to act against entities that tamper or destroy electronic databases
As per the Finance Bill 2019, a new section — 15HAA — has been inserted in the SEBI Act to act against entities that tamper or destroy electronic databases or fail to furnish information when sought by the capital markets regulator. Now, the Securities and Exchange Board of India (SEBI) can impose penalties of up ..
The Securities and Exchange Board of India (SEBI) has constituted a working group, headed by NSE Clearing Ltd., to review the current framework of margins in the futures and options segment. The group will look into the issue and submit its recommendations to the Secondary Market Advisory Committee. This assumes significance as lower cost of ..
Topics: Derivative • Economy • Exchange • Finance • Financial markets • Futures contract • Metropolitan Stock Exchange • National Stock Exchange of India • NIFTY 50 • NSE co-location scam • Securities and Exchange Board of India • Singapore Exchange
Markets regulator SEBI has directed National Stock Exchange to pay more than Rs. 625 crore in the case of misuse of its co-location facility. SEBI has been probing alleged lapses in high-frequency trading offered through NSE’s co-location facility. The amount, if considered with simple interest, would come to little less than Rs1,000 crore. If it ..
On 30th April 2019, Market regulator Securities and Exchange Board of India (SEBI) barred the National Stock Exchange from raising money on the securities market directly or indirectly for six months on the collocation case. This means the NSE will not able to access the capital market in terms of IPO during this period. The ..
Santosh Kumar Mohanty has been appointed a whole-time member of market regulator Securities and Exchange Board of India (SEBI) for a period of three years. At present Executive Director in SEBI. Prior to this assignment, he was serving as Director in the erstwhile commodity market regulator Forward Markets Commission. An officer from the Indian Revenue ..
Topics: C. B. Bhave • Central Civil Services • Economy of India • Forward Markets Commission • India • Indian Revenue Service • Ministry of Finance • Mohanty • NSE co-location scam • Securities and Exchange Board of India • Taxation in India