Dear Members,

The Committee on Financial Markets and Investors' Protection (CFMIP) of ICAI, actively seeks the valuable perspectives of its diverse members regarding the Consultation Paper released by the Securities and Exchange Board of India (SEBI) on proposed amendments to SEBI regulations related to the verification of market rumours.

This inclusive invitation specifically addresses proposals 1 to 9 outlined in the consultation paper. Recognizing the significance of engaging the expertise and insights of its members, the ICAI encourages a thorough and comprehensive evaluation of the proposed amendments. This collaborative approach aims to ensure that the final regulatory framework effectively addresses concerns and aligns with the best interests of the financial markets, fostering transparency and integrity in the realm of securities regulation.

Members are encouraged to share their informed opinions before January 12, 2024 and contribute to the regulations that uphold the principles of fair and orderly market conduct.

Link for sharing your inputs: https://forms.office.com/r/mfpW6wmMLM

For more information link of SEBI consultation paper:
https://www.sebi.gov.in/reports-and-statistics/reports/dec-2023/consultation-paper-on-amendments-to-sebi-regulations-with-respect-to-verification-of-market-rumours_80237.html

Best Regards