Categories
SEBI

Urja Global: Stranger than Fiction

Hat Tip: AT

Source: SEBI Order in the matter of Urja Global Ltd

Categories
SEBI

NSE: Puppet Show

Source: SEBI Final Order against Ms Chitra Ramkrishna

Categories
SEBI

Fantastic move by SEBI

Source : SEBI Press Release

Categories
SEBI

PMS : The Big get Bigger

Today, SEBI increased the minimum client investment in PMS to 50 Lakhs ( from 25 Lakhs currently) as well as increased the networth requirement of portfolio manager to 5 Cr ( from 2 Cr currently)

This makes it difficult for new comers in the business and increases the advantages of existing and more established players.

It’s interesting to see that the Committee that suggested these proposals are all established entities.

Categories
SEBI

RAR ya Paar

Hat Tip: H Nagpal

Source: SEBI Circular dated 31 October, 2019