Short selling has always been a tricky pursuit for investors. As evident from the legal recognition given to short selling by the securities markets’ regulators in most countries, a blanket ban on short selling is not a solution. This has been supported by the IOSCO.
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Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited (IBA) has launched the
Sebi proposes compliance standards for index providers to increase transparency
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“It is proposed to prescribe a set of compliance standards for index providers in order to ensure quality and integrity of the indices administered, maintained or calculated by the index providers,” Sebi said in a discussion on Friday.
Agencies
the IOSCO compliance certification from an independent third party, once in two years and the same should be available on its website.
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The Securities and Exchange Board of India (Sebi) has proposed compliance standards for index providers in an attempt to increase transparency and promote reliability of benchmark determinations.