Who will regulate short selling according to the Solicitor-General's statement to the Supreme Court
The Solicitor-General tells the Supreme Court that the Centre and SEBI will regulate short selling.
According to the Solicitor-General's statement to the Supreme Court, the regulation of short selling will be carried out by the Centre and SEBI (Securities and Exchange Board of India). Here are the key points regarding this regulation:
- The responsibility of regulating short selling will be shared between the Centre and SEBI.
- SEBI, as the primary regulatory body for the securities market in India, will play a crucial role in overseeing and monitoring short selling activities.
- SEBI will be responsible for formulating and implementing regulations and guidelines related to short selling, ensuring fair practices and investor protection.
- The Centre, which refers to the central government, will also have a role in regulating short selling, likely through legislative and policy-making measures.
- Both the Centre and SEBI will collaborate to ensure proper regulation, supervision, and enforcement of short selling practices in the Indian securities market.
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a year ago