Current Affairs · SEBI PFUTP Regulations
Can SEBI dispense with a pre-decisional hearing under the SEBI (PFUTP) Regulations, 2003?
- 1No, a pre-decisional hearing is mandatory under all circumstances with no exceptions
- 2Yes, in the interest of investors and the securities market, with reasons recorded in writing, provided a post-decisional hearing is given✓
- 3Yes, SEBI can permanently dispense with any hearing for all market participants
- 4Only if the intermediary is a registered public sector financial institution
Correct answer
Yes, in the interest of investors and the securities market, with reasons recorded in writing, provided a post-decisional hearing is given
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