The SEBI board will meet today to discuss stricter norms to check any flow of black money into the stock market through controversy-ridden P-Notes as well as initiate steps to allow mutual fund investments via e-wallets. It will be the first meeting of the SEBI Board under the chairmanship of Ajay Tyagi who took charge on March 1. According to sources, markets regulator will consider new norms for allowing options trading in commodity derivatives market. The sources also said that among a slew of reform measures, the Sebi board will consider making it easier for banks and financial institutions to get shares of the companies they have exposure to by way of conversion of loan into equity. The Sebi board will also take stock of long-pending investigations and cases, and will consider putting in place an internal guidance note for dealing with quasi-judicial matters.
News On AIR | April 26, 2017 5:24 AM
Sebi board to discuss stricter norms to check any flow of black money