SEBI amends Settlement Proceedings norms

SEBI notifies SEBI (Settlement Proceedings) (Amendment) Regulations, 2022. Amendment has been made to Reg. 4, 5, 9, 13, 15, 26, 31, 33 and to Sch I and Sch II of the SEBI (Settlement Proceedings) Regulations, 2018. SEBI includes “Restraining from accessing the securities market and/or prohibiting from buying, selling or otherwise dealing in securities, directly or indirectly and associating with securities market in any manner for a specific period” as a non –monetary terms u/r 9(2).SEBI notifies SEBI (Settlement Proceedings) (Amendment) Regulations, 2022. Amendment has been made to Reg. 4, 5, 9, 13, 15, 26, 31, 33 and to Sch I and Sch II of the SEBI (Settlement Proceedings) Regulations, 2018. SEBI includes “Restraining from accessing the securities market and/or prohibiting from buying, selling or otherwise dealing in securities, directly or indirectly and associating with securities market in any manner for a specific period” as a non –monetary terms u/r 9(2).taxmann.com Latest Statutory HappeningsRead More

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