From mint · Rajendra Saxena · · 1m 10s
Sebi Finalizes CAS Rules After 3,500+ Comments
Sebi to finalize closing auction session rules within days after 3,500+ public comments.
In brief
Sebi to finalize closing auction session rules within days after 3,500+ public comments. Sebi will finalize changes to closing auction session rules within days after receiving over 3,500 comments. Originally reported by mint.
Sebi receives 3,500+ comments
Sebi Chairman Tuhin Kanta Pandey said the capital markets regulator received over 3,500 comments on proposed changes to the Closing Auction Session rules.
“Sebi is working with the RBI on measures aimed at further simplifying access for FPIs.”
CAS rules consultation closes October 3
The consultation period for CAS changes closes on October 3, with Sebi expected to review feedback shortly.
Sebi to finalize CAS framework
Sebi will finalize its proposed framework for changes to the Closing Auction Session mechanism after receiving public comments.
CAS mechanism concerns
Sebi proposed changes to address concerns about the CAS mechanism's impact on derivative settlement prices.
Corporate bond derivatives market
Sebi focuses on expanding corporate bond derivatives through regulatory support, technology infrastructure, and market participation.
FPI access simplification
Sebi and RBI work to simplify foreign portfolio investor access, including permitting FPIs in non-agricultural commodity derivatives.
Next steps for CAS rules
Sebi will quickly analyze comments and finalize CAS rules circular within days to address market concerns.
The bottom line
Sebi will finalize changes to closing auction session rules within days after receiving over 3,500 comments.
