Exchanges can launch options in goods

The exchanges should also augment their monitoring and surveillance capacity, Sebi said.

Karvy default a boon for discount brokers

Competitive intensity remained strong, as the quarter saw default by Karvy and launch of broking services by PayTM, says an HDFC Securities report.

Till November, SIDBI has committed `3,123.20 crore to 47 Sebi registered AIFs.

Some banks are even considering reducing exposure to smaller brokers.

Some listed companies, especially due to their family-driven nature, have been found to be wanting on the related-party transactions.

The measures likely to be taken by Sebi include barring brokers from offering clearing and settlement services.

It has also decided to amend the norms for portfolio managers by raising net worth and minimum investment requirements.

Sebi also extended the Business Responsibility Report (BRR) requirement to top 1,000 companies, from 500 currently.

All material information has been disclosed by the company as per Sebi norms and the firm's materiality policy.

Promoters pledge their shares to secure funds to bankroll other ventures or acquisition.