Sebi proposes to revise ‘fit and proper person’ criteria for market intermediaries, including stockbrokers, to ease compliance burdens. The regulator suggests removing automatic disqualification upon filing of an FIR or charge sheet in economic offense cases, advocating for case-by-case assessment of conduct and investor risk.
Sebi proposes to revise ‘fit and proper person’ criteria for market intermediaries, including stockbrokers, to ease compliance burdens. The regulator suggests removing automatic disqualification upon filing of an FIR or charge sheet in economic offense cases, advocating for case-by-case assessment of conduct and investor risk. by Soban News (international And National News)
