Their six-page rebuttal offers detailed clarifications, addressing the "malicious campaign", particularly regarding Dhaval's consulting assignments and Madhabi's tenure at SEBI as the chairperson.
AIFs can now borrow funds for up to 30 days and no more than four times a year, with a required 30-day gap between loans, says SEBI.
The market regulator in its new circular mandated all market infrastructure institutions, like stock exchanges, to be "true to the label" in how charges are levied.
Material events for which decisions have been taken in the meeting of the board of directors must be disclosed to exchanges within 30 minutes, says SEBI.
The market regulator says that the move will give greater flexibility to the industry, and will allow the self-sponsored AMCs to continue the mutual funds business.
The investor risk reduction access platform is expected to be available from the third quarter of FY24.
SEBI ruled that credit rating agencies registered with its board shall be permitted to act as monitoring agencies from now on.
