India’s capital market regulator has in the pipeline plans to reduce transaction costs for investors, limit liabilities of clearing corporations and protect the market from unwarranted risks and manipulation. Two people with direct knowledge of the development said the regulator will introduce the changes in the next few months. The Securities and Exchange Board of India (Sebi) is in the process of amending norms for market intermediaries and market infrastructure institutions to introduce these changes in phases.
Source: Live Mint
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