The paper is a significant step towards making the “fit and proper person” criteria more balanced and fairer. However, its triumph depends on how SEBI exercises its discretion.

Market integrity regulation is invariably faced with a dilemma of how far precautionary provisions can be stretched until there exists a possibility of punitive action against a behavior not yet found to have occurred.

This article analyses the proposed Regulation 30A and identifies the potential challenges that it is susceptible to.

The introduction of stringent guidelines for sharing real-time pricing data will mark a crucial advancement in the financial market.

[Siddharth and Manya are students at National Law University Odisha.] The Securities and Exchange Board of India (SEBI) recently imposed...