India’s capital market regulator is gearing up for a major clean-up of the rulebook for stock brokers. As per the Moneycontrol report, in a fresh consultation paper, the Securities and Exchange Board of India (SEBI) has floated proposals that could simplify regulations, cut compliance costs, and bring the decades-old framework in line with the Companies
Sebi doubles broker inspections in FY25, sharply increasing oversight of investment advisers and research analysts. Enforcement efforts also ramp up. New Delhi, Aug 12 (PTI) Markets regulator Sebi has significantly ramped up its surveillance and enforcement efforts in FY25, carrying out 312 inspections of stock brokers, more than double the 146 conducted in the previous
Alternative lenders are surging ahead in the SME finance market, as high street banks lose their foothold among growth-focused businesses, according to new research from iwoca. The survey found that almost two thirds (61%) of SME finance brokers report submitting over half of their loan applications to alternative lenders in the last four
Artificial intelligence (AI) is transforming nearly every industry, and finance (specifically stock trading) is no exception. While the use of AI in the finance industry isn’t by any means a new development, the rise of increasingly sophisticated algorithms and vast computing power has catapulted AI into becoming a powerful tool for investors looking to gain
Shares of advertising software maker The Trade Desk (NASDAQ:TTD) fell 39% in the morning session after the company released its second-quarter earnings report, which, despite beating revenue expectations, was overshadowed by in-line third-quarter guidance and the announcement of a CFO departure. Further,. CEO Jeff Green said that “from a macro standpoint, some of the world’s
The Trade Desk, Inc. TTD shares are trading lower on Friday after the company reported second quarter financial results on Thursday after the market closed. What To Know: The company reported adjusted earnings per share of 41 cents, inline with the consensus estimate. In addition, the company reported sales of $694.03 million, beating the consensus
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. This year may be shaping up to be one of the most volatile in recent memory for the US stock market. But that has done little to douse retail investors’ enthusiasm for trading, happily for
U.S. Rep Josh Riley, NY-19, announced Thursday he has joined a bipartisan coalition to end stock trading by members of Congress. The coalition introduced the Ending Trading and Holdings in Congressional Stocks Act, legislation which would prohibit members of Congress, their spouses and their dependent children from owning or trading individual stocks, securities, commodities or
The Securities and Exchange Board of India (SEBI) on Thursday mandated a unified annual inspection for stock brokers and depository participants to be conducted jointly by all relevant market infrastructure institutions (MIIs), replacing the existing practice of separate assessments by each entity. The regulator aims to reduce repeated visits and save time and resources for
Sebi mandates joint annual inspection for stock brokers and DPs, replacing separate assessments. Aims to reduce repeated visits and save resources. New Delhi, Aug 7 (PTI) Markets regulator Sebi on Thursday mandated a unified annual inspection for stock brokers and depository participants to be conducted jointly by all relevant market infrastructure institutions, replacing the existing