Indian Insurance Industry News & Updates - June 2026
FIA backs SEBI’s options strike framework, seeks minimum standards and safeguards
The Futures Industry Association (FIA) has backed the Securities and Exchange Board of India’s (SEBI) proposed framework for managing strike prices of options contracts, while urging the regulator to introduce minimum standards, strike floors and safeguards for open interest across exchanges.
SEBI closes Prime Focus accounting case, clears company and directors
SEBI eases AIF winding-up norms, introduces ‘inoperative fund’ status
Mutual funds to pension schemes: Choosing the right long-term investments
Sebi imposes ₹6.04 crore penalty on NSE over April 2024 technical glitch
Market regulator Securities and Exchange Board of India (Sebi) has imposed a financial disincentive of ₹6.04 crore on the National Stock Exchange of India (NSE) for a technical glitch that occurred in April 2024 in a stock. Sebi informed NSE regarding the penalty in a letter dated May 29. The matter pertains to the alleged failure to restore normalcy within stipulated timelines in one stock and failure to submit the complete or final root cause analysis to Sebi on time, the exchange noted. However, the details of the scrip in which the glitch occurred could not be ascertained.