Business Today

Big Changes Coming For Brokers, IPOs & Mutual Funds | SEBI Chief

SEBI Chairman Tuhin Kanta Pandey has unveiled a fresh wave of reforms aimed at making India's capital markets more efficient and investor-friendly. SEBI is reviewing capital requirements for stockbrokers to better align with operational scale and risk. The regulator is also examining improvements in IPO and relisted stock price discovery through enhanced pre-open auction mechanisms. In a major relief for market participants, SEBI is working on easing compliance norms for research analysts, including rationalising call-recording requirements. Additionally, mutual funds could soon get a more flexible framework for intraday borrowing to manage temporary liquidity mismatches. The reforms signal SEBI's focus on modernising market regulations.