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SEBI issues new norms on unclaimed funds, securities
Business

SEBI issues new norms on unclaimed funds, securities

SEBI has come out with proposed guidelines on treatment of unclaimed funds and securities lying with brokers. As per current norms, brokers are required to

SEBI mandates separate units for brokers to trade G-Secs on NDS-OM
Business

SEBI mandates separate units for brokers to trade G-Secs on NDS-OM

SEBI on Tuesday mandated brokers to establish a separate business unit (SBU) to trade in government securities (G-Secs) through the Negotiated Dealing System–Order Matching (NDS-OM).