Browsing: SEBI

Sebi Bans EKI Energy, MD Dabkara for Financial Misrepresentation: Rediff Moneynews

NEW DELHI, Oct 31: Markets regulator Sebi has barred EKI Energy Services Ltd and its Managing Director Manish Kumar Dabkara from the securities market for two months and 12 months, respectively, for misrepresenting financial statements of the carbon credits trading firm and diverting funds.

Markets watchdog Sebi on Friday proposed extending the IT and cyber security framework of Market Infrastructure Institutions (MIIs) — comprising stock exchanges, depositories, and clearing corporations — to their subsidiaries to strengthen regulatory oversight.

x Sebi plans to extend IT and cyber security frameworks of MIIs (stock exchanges, depositories) to their subsidiaries for stronger regulatory oversight. Public comments open.

The Securities and Exchange Board of India (SEBI) has proposed extending the Information Technology and Cyber Security Framework applicable to Market Infrastructure Institutions (MIIs) to their subsidiaries that undertake certain MII-related activities.

Advertisements promoting a particular bond or debt security may also have to carry a wider set of standardised disclosures.