Securities and Exchange Board of India (SEBI) introduced a third settlement scheme for entities involved in reversal trades in the stock options segment on BSE in 2014 and 2015.

Banking & Finance

Securities and Exchange Board of India (SEBI) introduced a third settlement scheme for entities involved in reversal trades in the stock options segment on BSE in 2014 and 2015. The scheme will commence on March 11 and conclude on May 10, 2024. After the expiry of the scheme period, actions as per the relevant provisions of securities laws will be continued against the entities which do not avail this opportunity for settlement. Moreover, frequently asked questions with respect to the scheme will be available on the websites of SEBI and BSE on 11 March 2024. This is not the first time the regulator has given the chance to these entities to settle the case. Earlier, SEBI provided a one-time settlement scheme for the entities in 2020. The scheme was available gain from August 2022 to January 2023.


      The scheme would provide a settlement opportunity to all the entities that have executed reversal trades in the stock options between April 1, 2014, and September 30, 2015, against whom proceedings have been initiated.

     

     

 

     


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