#depositories

If you’re considering a gold IRA, understanding how storage works is a crucial part of the process. Matthias Kulka/Getty Images Gold has surged dramatically in price over the past year, drawing renewed attention from investors who are looking for ways to protect their wealth and diversify their portfolios. And, as volatility persists across parts of the broader market and other economic…

Depositories, DPs need to preserve records for at least 8 years: Sebi

NEW DELHI: Markets regulator Sebi on Tuesday said depositories and depository participants need to preserve the records and documents for a minimum period of eight years. The regulator has issued a corrigendum to its circular issued in October 2019, wherein it was mentioned that such records need to be maintained for five years.

In the fresh circular, Sebi said, “Depositories and depository…

Sebi extends regulatory compliance timelines for depositories, depository participants

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New Delhi: In view of the situation arising out of the COVID-19 pandemic, markets regulator Sebi on Friday extended timelines for depositories and depository participants to comply with regulatory requirements.

For submitting BO (beneficial ownership) grievances report to depositories, the timeline for depository participants (DPs) has been extended till May 18 for March and April…

Precautions Investors Should Take After Karvy Stock Broking Fraud

What is Karvy Stock Broking Fraud? Introduction

In this article, we will see what precautions the retail investors should take after Karvy Stock Broking Fraud worth of Rs.2000 Cr and the details of fraud. On Friday, 22nd November 2019, SEBI(Security and Exchange Board of India) banned Karvy Stock Broking Ltd (KSBL) over client defaults worth Rs.2,000 Cr. SEBI banned Karvy from taking on…