SEBI says its employees have played a critical role over the past thirty-six years in shaping the Indian securities market into one of the most dynamic and well-regulated markets globally.
At present, the regulatory framework for AMCs includes provisions relating to the code of conduct for AMCs, fund managers & dealers, and various other disclosure and reporting requirements.
SEBI has proposed streamlining the regulatory framework for the registration of Foreign Venture Capital Investors (FVCIs) in order to ensure adequate due diligence to regulate the money.
The capital markets regulator, in its affidavit, also stated additional reasons for more time to complete the investigation in the Adani-Hindenburg case.