1) Entry Norms :-
SEBI has issued various
guidelines for tightening the entry norms for companies accessing capital
market.
2)
Norms For Share Transfer
:-
SEBI has tightened the
norms for transfer of shares among group companies and takeover of companies.
3) Penal Margins :-
SEBI has introduced
imposition of penal margin on net undelivered portion at the end of settlement.
4) Screen Based Trading :-
SEBI allowed stock
exchanges to expand their online screen based trading terminals to-locations
outside their jurisdiction subject to conditions.
5) Intermediaries :-
SEBI registers and
regulates the working of stock brokers, sub-brokers, share transfer agents,
trustee of trust funds, registrars to an issue, merchant banks, underwriters
and other intermediaries who may be associated with securities market.
6) Prohibition Of
Fraudulent And Unfair Practices :-
SEBI regulates
prohibition of Fraudulent and unfair trade practices which have imposed
prohibition against market manipulators and unfair practices relating to
securities.
7)
Steps To Improve
Corporate Governance :-
Sufficient disclosures
are made mandatory for companies at the stage of public issue. Listed companies
are required to make disclosures on continuing basis on dividend, bonus etc.
8)
Comprehensive Risk
Management And Improvement In Disclosure :-
In July 2002, SEB| set
up a system EDIFAR (Electronic Data Information Filing And Retrieval) through
which firms would electronically file mandatory disclosures to SEBI and these
documents would be available to individuals across the country over the
Internet, with a near-zero delay.
9)
Raising Funds From
Abroad :-
Indian companies are
allowed to raise funds from abroad, through American / Global Depository
Receipts, Foreign Currency Convertible Bonds.and External Commercial
Borrowings.
10)
Norms For Custodian Of
Securities And Depositories :-
SEBI notified two
regulations namely, Custodian of Securities Regulation, and Depositories and Participant
Regulations.
