Current Affairs · Capital Markets & SEBI Intermediary Norms
SEBI's proposal to ease the 'fit and proper person' framework for market intermediaries is based on the view that FIRs or charge sheets are preliminary steps rather than proof of guilt. Which related clarification was highlighted alongside this reform?
- 1Exchanges may waive disclosure of disqualifying events
- 2Depositories will now regulate intermediaries directly
- 3MIs under CIRP will be automatically disqualified at admission stage
- 4Algo orders by designated market makers will be excluded from OTR computation✓
Correct answer
Algo orders by designated market makers will be excluded from OTR computation
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