Tag «SEBI»

Sebi announces new rules to make bourses pay for technical glitches

Sebi announces new rules to make bourses pay for technical glitches

By Administrator_India Capital Sands The Securities and Exchange Board of India (Sebi) on Monday issued a detailed framework for penalising market infrastructure institutions (MIIs), which include stock exchanges, clearing corporations, and depositories, for technical glitches. “MIIs are systemically important institutions as they provide infrastructure necessary for the smooth and uninterrupted functioning of the securities market….For …

Enforcement Directorate slaps money laundering case on Franklin MF

Enforcement Directorate slaps money laundering case on Franklin MF

By Administrator_India Capital Sands Franklin Templeton Mutual Fund (MF), which shut its six schemes in April 2020, is facing the heat from the Enforcement Directorate (ED) and the Securities and Exchange Board of India (Sebi). According to sources, while the ED has registered a money-laundering case against the fund house and eight others, the market regulator has issued …