The Securities and Exchange Board of India (SEBI) on July 16, 2024, issued a Consultation Paper on Proposed Legal Provisions for Summary Proceedings.
The objective of this consultation paper is to seek comments from the public on proposed legal changes in the SEBI (Intermediaries) Regulations, 2008, for inclusion of the provisions for the summary proceedings to handle the cases of certain violations of the securities laws by Intermediaries, in a faster and more efficient manner and thereby enhancing the Board's ability to act swiftly in protecting the interest of investors and maintaining integrity, transparency and efficiency of the securities market.
For more details, kindly refer to the document provided below.
