An Ordinance to Amend the Securities Laws Promulgated; SEBI would have now Powers to Regulate any Pooling of Funds Under An Investment Contract Involving A Corpus Of Rs.100 Crore Or More, Attach Assets In Case Of Non-Compliance And Chairman SEBI would have Powers to Authorize The Carrying out of Search and Seizure Operations, As Part of Efforts to Crack Down on Ponzi Schemes https://www.taxtmi.com/news?id=11402 The Ordinance expands the regulator's enforcement reach to regulate pooling of funds under investment contracts meeting the prescribed corpus threshold, to attach assets on non-compliance, to authorize search and seizure operations, and to compel production of information including telephone call data records; it also enables establishment of Special Courts and amends the SEBI Act, securities contracts framework and the Depositories Act to address regulatory gaps in novel fund raising methods. en-us Fri, 19 Jul 2013 09:31:54 +0530 Fri, 19 Jul 2013 09:31:54 +0530 TaxTMI RSS Generator An Ordinance to Amend the Securities Laws Promulgated; SEBI would have now Powers to Regulate any Pooling of Funds Under An Investment Contract Involving A Corpus Of Rs.100 Crore Or More, Attach Assets In Case Of Non-Compliance And Chairman SEBI would have Powers to Authorize The Carrying out of Search and Seizure Operations, As Part of Efforts to Crack Down on Ponzi Schemes https://www.taxtmi.com/news?id=11402 The Ordinance expands the regulator's enforcement reach to regulate pooling of funds under investment contracts meeting the prescribed corpus threshold, to attach assets on non-compliance, to authorize search and seizure operations, and to compel production of information including telephone call data records; it also enables establishment of Special Courts and amends the SEBI Act, securities contracts framework and the Depositories Act to address regulatory gaps in novel fund raising methods. News - Fri, 19 Jul 2013 09:31:54 +0530 https://www.taxtmi.com/news?id=11402