SEBI Pushes for Diversified Ownership in Equity Clearing Corporations: What It Means for Investors?
Sebi, India’s market watchdog, has suggested modifications to the stock exchange-owned clearing businesses in order to diversify their ownership. Within five years, Sebi proposes to reduce exchange ownership to 15% by allocating shares to current exchange shareholders. The objective is to improve market resiliency and guarantee that clearing corporations function autonomously. On Friday, market watchdog … Read more
