SEBI Proposes Faster Summary Proceedings for Securities Law Violations by Intermediaries
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- By Chetan Kulasri
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- Last Updated on 18 July, 2024
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Consultation Paper; Dated: 16.07.2024
SEBI has released a Consultation Paper on proposed legal provisions for summary proceedings. The objective is to seek public comments on proposed legal changes in SEBI (Intermediaries) Regulations, including summary proceedings, to address certain securities law violations more efficiently by intermediaries. The proposals involve identifying the cases for summary proceedings and detailing the provisions for the summary procedure. Comments on the same may be submitted by August 6, 2024.
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