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✍🏻 Complaint to SEBI, NSE India, Bombay Stock Exchange Limited, CDSL - Central Depository Services India Ltd, and National Securities Depository Limited (NSDL) Regarding Unsolicited Stock Market Trading Tips Calls Dear SEBI, NSE, BSE, CDSL, and NSDL, I am writing to bring to your attention an urgent matter concerning the incessant and unsolicited calls I have been receiving from various stock market trading companies. From yesterday alone, I have received more than 25 calls offering trading tips and advice. These calls are not only intrusive but also raise significant concerns about potential scams and unethical practices targeting unsuspecting customers. As a concerned individual, I urge you to take immediate and stringent action against such companies and individuals who are blatantly disregarding customer privacy and possibly engaging in fraudulent activities. Unsolicited calls from trading companies can lead to severe financial losses for individuals who might be misled by these so-called tips. It is imperative that regulatory bodies take robust measures to curb these practices and safeguard the interests of the general public. I request SEBI, NSE, BSE, CDSL, and NSDL to investigate these incidents thoroughly and implement stricter regulations and penalties for companies and individuals found engaging in these activities. Ensuring a secure and transparent trading environment is crucial for maintaining trust in our financial markets. Thank you for your prompt attention to this matter. I look forward to seeing effective actions taken to address these concerns. Best regards, Pawan ojha #StockMarket #SEBI #NSE #BSE #CDSL #NSDL #UnsolicitedCalls #TradingScams #FinancialSecurity #ConsumerProtection

𝗦𝗘𝗕𝗜 𝗖𝗹𝗼𝘀𝗲𝘀 𝗛𝗶𝗴𝗵-𝗣𝗿𝗼𝗳𝗶𝗹𝗲 𝗖𝗼-𝗹𝗼𝗰𝗮𝘁𝗶𝗼𝗻 𝗖𝗮𝘀𝗲 𝗔𝗴𝗮𝗶𝗻𝘀𝘁 𝗡𝗦𝗘 In a significant development, India's market regulator, SEBI, has officially closed proceedings in the co-location case against the National Stock Exchange (NSE) and its officials. The decision was made due to insufficient evidence proving collusion between brokerage OPG Securities and NSE. This case, which has been ongoing for several years, involved allegations of preferential access to NSE's co-location facility, potentially giving certain brokers an unfair advantage. While SEBI found that NSE's policies and practices were lacking, it could not establish any conclusive evidence of collusion. This outcome has implications for the broader market and the regulatory landscape in India. It raises questions about the effectiveness of investigations and the challenges of proving complex financial wrongdoing. #SEBI #NSE #colocation #financialmarkets #regulation #FinanceShastra

Big Relief by NSE✨ Extending framework for restricting trading by DPs by freezing PAN at security level to all listed companies in a phased manner. Dear Sir/Madam, This is in furtherance to NSE Circular no. NSE/CML/2023/79 dated November 17, 2023, NSE/CML/2022/40 dated August 05, 2022, NSE/CML/2023/49 dated June 28, 2023 and NSE/CML/2023/59 dated July 31, 2023 and in accordance with Securities and Exchange Board of India (SEBI) circular no. SEBI/HO/ISD/ISD-SEC-4/P/CIR/2022/107 dated August 5, 2022 and SEBI/HO/ISD/ISD-PoD-2/P/CIR/2023/124 dated July 19, 2023, regarding Trading Window closure period under Clause 4 of Schedule B read with Regulation 9 of SEBI (Prohibition of Insider Trading) Regulations, 2015 ( PIT Regulations ) Framework for restricting trading by Designated Persons ( DPs ) by freezing PAN at security level. 1. In accordance with the SEBI circular, the outlined framework for restricting trading by designated persons through freezing PAN at the security level will also be applicable to the remaining equity listed companies on NSE, BSE and MSEI. 2. Companies that qualify must include all equity ISIN and ISINs that are convertible into equity. 3. Listed entities are required to designate one of the depositories as its designated depository and provide the information including PAN of Promoter(s), promoter group, director(s) and designated person(s) in the manner as specified by the depositories according to SEBI circular no SEBI/HO/ISD/ISD/CIR/P/2020/168 dated September 9, 2020. Further, listed entities shall update their designated person list in the manner specified by the depositories on regular basis. This circular shall come into force for trading window closure with effect from April 1, 2024. The aforesaid SEBI circular is attached for reference. All Listed companies are requested to take note and comply accordingly. Yours Faithfully National Stock Exchange of India Limited #nseindia #sebi

NSE India’s ₹643 Crore Settlement: SEBI’s Largest Ever! ➡️What Happened? In an unprecedented move, SEBI approved a ₹643 crore settlement with the National Stock Exchange (NSE) and former top executives, including ex-CEO Vikram Limaye and ex-CTO Umesh Jain. ➡️ The Allegation: NSE allegedly gave high-frequency traders an unfair advantage by allowing them to misuse their Trading Access Point (TAP) software, despite the availability of alternatives like Trimmed TAP and Direct Connect. This preferential access continued until 2019, sparking a major controversy. ➡️The Bigger Picture: This investigation links back to the infamous 2017 co-location scam, where certain brokers gained special access to trading systems, giving them an edge and raising serious ethical concerns. Key Takeaways: > ₹643 crore – SEBI’s largest settlement to date. > Unfair advantage: TAP software misuse by high-frequency traders. > NSE executives to complete 14 days of pro-bono service this year. > All stemming from the 2017 co-location scandal—a major regulatory failure.

The Securities and Exchange Board of India (SEBI) (https://buff.ly/397lX9f) is the governing body for India’s securit - New Post: “Decoding SEBI: New Regulations & Impact” https://buff.ly/3XDsIem #financialknowledge #financialregulation #investoreducation #investorprotection #marketanalysis #newregulations #sebi #sebiregulations

The Securities and Exchange Board of India (SEBI) has issued a circular addressing the need for an enhanced facility for investors to voluntarily freeze or block their trading accounts due to suspicious activities. As the stock broking industry in India has transitioned to online trading, investors often face issues with unauthorized or suspicious transactions. Unlike the existing provision for voluntary blocking of demat accounts, a similar feature for trading accounts has been lacking. In response to the evolving landscape of the stock market, SEBI, in consultation with the Brokers’ Industry Standards Forum (ISF), aims to introduce a framework for Trading Members to provide investors with the capability to voluntarily freeze or block online access to their trading accounts. The proposed framework, to be laid down by the ISF under the stock exchanges' guidance and in consultation with SEBI, is expected to be finalized by April 01, 2024. Source: SEBI CIRCULAR, CIRCULAR SEBI/HO/MIRSD/POD-1/P/CIR/2024/4

On August 16, the Securities and Exchange Board of India (SEBI) released a consultation paper focused on simplifying compliance requirements for non-convertible securities, as part of efforts to enhance ease of doing business. Key proposals include: - Alignment of Fraud/Default Disclosures: SEBI proposes to standardize fraud and default disclosure requirements for debt-listed entities with those for equity-listed entities. - Record Date Intimation: The timeline for notifying stock exchanges of record dates for non-convertible securities may be reduced from 7 to 3 working days. - XBRL Format for Disclosures: SEBI suggests mandating XBRL format for all filings by entities with listed non-convertible securities, reducing duplication of effort. - ISIN Restrictions: SEBI considers relaxing ISIN restrictions for unlisted ISINs outstanding as of December 31, 2023, when converting to listed ISINs. Public comments on these proposals are invited until September 6, 2024. For more updates on regulatory developments and securities, follow Global Regulatory Insights - https://lnkd.in/gZmkUPim #Securities #Compliance #SEBI #GRI

NSE, ex-MD settle case with Sebi for Rs 643 crore - Times of India MUMBAI: NSE and nine of its former senior executives, including earlier MD Vikram Limaye, have settled a case with Sebi over allegations that brokers bypassed a trading access point to enable faster trades for Rs 643 crore. This is the largest settlement order in Sebi's 36-year history. In addition to the settlement amount, eight officials have been asked to perform at least 14 days of pro bono community service.Sebi has been investigating NSE's trading access point (TAP) architecture and ne... Read more here: https://lnkd.in/d9QdQrXf . . Like 💝 Comment below ⏬ Share ✅ For More Such Updates Follow Us @qnewshub @qnewscrunch . . #qnewshub #qnewscrunch #Business

Chief Justice of India D Y Chandrachud advised the Securities and Exchange Board of India (SEBI) and Securities Appellate Tribunal (SAT) to exercise caution when there is a surge in the stock market. Inaugurating the new SAT premises in Mumbai, the Chief Justice pitched for more benches of the appellate tribunal and improved infrastructure to manage its escalating caseload. "The more you see the surge in the stock market, the greater the role, I believe, for SEBI and SAT, as institutions which will exercise caution, celebrate the successes but at the same time, ensure that the backbone is stable," he said. Noting that the BSE's 30-share Sensex crossed the 80,000 mark for the first time on Wednesday, CJI Chandrachud said such events emphasise the importance of regulatory authorities. "It tells us that we are into heavy winds". "It is equally important for others to hold their balance and nerves at such times. Lawyers and judges have a very vital role to play in the overall regulatory domain which covers the securities market," the chief justice said. Watch: https://lnkd.in/g9Sg_eA2 | #LatestNews #CJIChandrachud #SEBI #MarketAnalysis #StockMarketNews #SAT #DYChandrachud #IndianStockMarketUpdate

The Securities and Exchange Board of India (SEBI) has issued a circular addressing the need for an enhanced facility for investors to voluntarily freeze or block their trading accounts due to suspicious activities. As the stock broking industry in India has transitioned to online trading, investors often face issues with unauthorized or suspicious transactions. Unlike the existing provision for voluntary blocking of demat accounts, a similar feature for trading accounts has been lacking. In response to the evolving landscape of the stock market, SEBI, in consultation with the Brokers’ Industry Standards Forum (ISF), aims to introduce a framework for Trading Members to provide investors with the capability to voluntarily freeze or block online access to their trading accounts. This framework, under the guidance of stock exchanges and in consultation with SEBI, empowers trading members to enable investors to freeze or block online access. The initiative responds to issues of unauthorized or suspicious transactions in the evolving stock market. The proposed framework, to be laid down by the ISF under the stock exchanges' guidance and in consultation with SEBI, is expected to be finalized by April 01, 2024 Source: https://lnkd.in/grP7QF_V