# Sebi Gets 20k Comments on CAS Rules

> SEBI receives 20,000 comments on closing auction session rules by deadline.
- Title: Sebi Gets 20k Comments on CAS Rules · mint | Shortify
- Summary: SEBI receives 20,000 comments on closing auction session rules by deadline. SEBI received 20,000 responses to its consultation paper on closing auction…
- Keywords: sebi, closing auction session, derivatives, market timings, consultation paper, sebi circular, money, business, Gets, 20k, Comments, CAS
- Source: mint — https://livemint.com/market/stock-market-news/cas-update-sebi-gets-20k-comments-on-closing-auction-session-timings-derivates-contracts-settlement-methodologies-11791103696405.html
- Author: Vaamanaa Sethi
- Published: 2026-10-04T09:30:36+00:00
- Read time: 1 min
- Topics: sebi, closing auction session, derivatives, market timings, consultation paper, sebi circular, money, business
## SEBI Receives 20k Comments
SEBI received around 20,000 comments by 7 pm on October 3, the deadline for submitting feedback on its consultation paper.
## Higher Than Previous Reports
The number is significantly higher than the over 3,500 comments previously reported in some media outlets.
## CAS Framework Details
SEBI introduced the Closing Auction Session (CAS) framework for F&O stocks from August 3, 2026, and invited feedback on seven proposals.
## SEBI Chairman Statement
SEBI Chairman Tuhin Kanta Pandey said, 'Today is the last date, and we will actually quickly look at all these comments and go ahead, because I think our proposals are quite clear.'

> Today is the last date, and we will actually quickly look at all these comments and go ahead, because I think our proposals are quite clear
## Next Steps for CAS
SEBI will review the comments and finalize the CAS framework for derivatives settlement methods by the deadline.
## Key takeaway

SEBI received 20,000 responses to its consultation paper on closing auction session rules, market timings, and derivative contracts settlement methods by October 3.