Fund houses in India are focusing on directly selling their mutual fund schemes to investors, thereby lowering fees by cutting out distributors.
The Securities and Exchange Board of India has asked international wealth managers to register their offshore units with the regulator if they are soliciting business in India.
The Securities and Exchange Board of India has warned that it will penalise anyone trying to manipulate the markets with algorithmic trading technology.
SEBI has proposed treating commodity brokers on par with equity brokers in terms of registration and transaction fees.
The Reserve Bank of India has asked the Income Tax Department to expedite the collection of financial and tax history of almost 50 companies seeking licences to operate small finance and payment banks in India.
Ministry of Finance releases draft regulation which would revamp the way the RBI sets monetary policy.
The Securities and Exchange Board of India is working on guidelines to regulate algorithmic trading and is expected to release them within the next two months.
The Securities and Exchange Board of India is seeking guidance from the Finance Ministry ahead of its merger with the Forward Market Commission on whether to allow Foreign Portfolio Investors into the commodity derivatives market.
India’s Finance Ministry is looking to allow greater pricing flexibility for securities with an exit valuation clause at a rate set beforehand, in a move to attract more private equity and venture capital investment for e-commerce and other emerging sectors.
The Securities and Exchange Board of India has issued a circular asking stock exchanges to penalise brokers placing erroneous orders and to discourage frivolous trade annulment requests.