Currently, client-level limits for index options use Future Equivalent (FutEq) or delta- adjusted values, while TM limits are calculated using […]
The paper consolidates regulatory guidelines issued since the last Master Circular of 30th May 2024, covering registration, onboarding, KYC, ongoing compliance,
The key changes include recognition of CFA charter and NISM certifications for investment advisers and associated persons, mandatory renewal of
The amendments expand the definition of persons required to comply with research analyst regulations to include individuals “associated with research
Debenture trustees (DTs) may engage in activities regulated by other financial sector regulators or unregulated fee-based, non- fund-based financial services,
The Recovery Expense Fund (REF) created by issuers of listed debt securities, enables Debenture Trustees to recover expenses related to
The Issuers must provide security cover certificates quarterly, statements of pledged securities, debt service reserves, and guarantor net worth certificates
The circular revises the incentive structure for mutual fund distributors to encourage onboarding of new individual investors, particularly from B-30
With a view to facilitate enhanced participation by Mutual Funds and Specialized Investment Funds (SIFs) in Real Estate Investment Trusts
It has been observed that fraudsters/unregistered persons have been perpetrating frauds in the securities market by way of misleading/ manipulative
