SEBI Signals Derivatives Won't Dictate Market Rules
What Happened
SEBI Chairman Tuhin Kanta Pandey said market regulations cannot be shaped solely around options traders, stressing the need to balance the interests of foreign investors, passive funds and long-term market development.
Key Takeaways
SEBI is fast-tracking a revamp of the Securities Lending and Borrowing Mechanism (SLBM), with a consultation paper expected soon. The reforms aim to improve market participation, liquidity and support the newly introduced Closing Auction Session (CAS).