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<h1>SEBI mandates OTC trades in CDs and CPs to be reported on FIMMDA within 15 minutes for transparency.</h1> All SEBI-regulated entities are required to report their over-the-counter (OTC) transactions in Certificates of Deposit (CDs) and Commercial Papers (CPs) on the FIMMDA reporting platform within 15 minutes of the trade, starting August 16, 2010. This initiative, requested by the RBI and implemented by FIMMDA, aims to enhance the transparency and dissemination of market information for secondary market transactions in CDs and CPs. FIMMDA will provide detailed operational guidelines. This directive is issued under the authority of the Securities and Exchange Board of India Act, 1992, to safeguard investor interests and regulate the securities market.