SEBI plans overhaul of ‘Fit and Proper’ rules to prevent premature disqualifications

New Delhi, Feb 4 (IANS) The Securities and Exchange Board of India (SEBI) on Wednesday said that it is planning to revamp its ‘fit and proper’ framework for market intermediaries, saying some of the existing rules may be too rigid and could penalise individuals and firms before any wrongdoing is proven. In a consultation paper, […]