SEBI Likely To Form Panel On Stock Exchange Self-Listing Rules After NSE Listing Debate
Market regulator Securities and Exchange Board of India (SEBI) is likely to set up a committee to examine the possibility of allowing stock exchanges to list and trade their own shares on their platforms, according to a CNBC-TV18 report citing sources. If introduced, the proposed self-listing framework would also apply to exchanges that are already publicly listed. However, SEBI is expected to…
The Securities and Exchange Board of India (SEBI) is reportedly considering the formation of a committee to explore the possibility of allowing stock exchanges to list and trade their own shares on their platforms, according to a CNBC-TV18 report. This proposed self-listing framework would extend to exchanges that are already publicly listed, though SEBI is expected to address concerns related to conflicts of interest, governance standards, and regulatory oversight before proceeding.
The debate has gained momentum following the listing of National Stock Exchange (NSE) shares on the Bombay Stock Exchange (BSE), with NSE Chairman Srinivas Injeti suggesting that regulators reconsider the allowance of exchanges to list on their own platforms. This comes after SEBI had previously examined the possibility of self-listing in 2015 but rejected the proposal due to concerns over potential conflicts of interest.
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