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Friday, January 5, 2024

Sebi makes short selling disclosures mandatory

Sebi, following the Supreme Court's directive, has implemented new rules on short selling in Adani stocks. The regulator now requires mandatory disclosures for such trades and allows institutional investor participation. The Centre and Sebi will frame rules to regulate short selling in response to the Adani-Hindenburg case. Under the new framework, institutional investors must disclose upfront if a transaction involves short selling, while retail investors must do so by the end of the trading day.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/wJpC9W4

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