Sebi board approves various proposals; discusses tech trends in securities market

Sebi on Thursday decided to provide flexibility in the framework for large corporations to meet financing needs through the issuance of debt securities and also extended the timeline for investment advisers to comply with enhanced qualification and experience requirements. Also, the regulator will streamline the framework for credit of unclaimed amounts of investors in listed entities other than companies, REITS, and InvITs to the Investor Protection and Education Fund (IPEF) along with the process of refund from the IPEF.

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