Market regulator SEBI has said that entities providing capital and debt market services will continue to remain operational during the nationwide lockdown which has been extended for another two weeks contain the spread of COVID-19
SEBI tightens disclosure norms on loan defaults, reduces time for rights issue to bolster capital markets
Sebi has made it compulsory for the top 1,000 listed companies to prepare annual business responsibility reports covering their activities related to environment and stakeholder relationships
With a view to keep retail investors away from portfolio management schemes (PMS), SEBI on Wednesday decided to raise the minimum investment amount of clients for such schemes to Rs 50 lakh from the earlier Rs 25 lakh
The move comes after the regulator Tuesday permitted mutual funds to participate in the same segment
According to data available with the market regulator SEBI, total assets under management (AUM) of portfolio managers were at Rs 14.79 lakh crore at the end of last month against Rs 13.24 lakh crore in August-end last year, registering a gain of Rs 1.55 lakh crore or 12 percent.
TRAI noted, that some unscrupulous persons or entities "masquerading" as SEBI-registered investment advisors are sending out investment advise.
Asset base of portfolio managers, who mostly manage investments or provide advisory services to High Networth Individuals, stood at Rs 9.7 lakh crore in August 2015