Govt to Hold Consultations on New Rules for Stock Exchanges


New Delhi, May 22 (PTI) The government will begin tomorrow its consultations with various stakeholders regarding a new set of rules on how stock exchanges should be owned and run, proposed by a Sebi-appointed committee last year.

Besides the exchanges, new ownership and governance rules have also been proposed by the committee, chaired by former RBI Governor Bimal Jalan, for other market infrastructure institutions like depositories and clearing corporations.

After Sebi sought the government's stand on the proposals made by the Jalan panel in this regard, a committee has been set up with representation from the Ministry of Corporate Affairs, stock exchanges and industry bodies among others to study the proposed rules and suggest necessary changes.

The new panel may begin its consultations tomorrow and would look to give its final recommendations by the next month, one of its members said.

  

Top Stories


Leave a Comment

Title: Govt to Hold Consultations on New Rules for Stock Exchanges



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.