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SEBI bans Tree House Education promoters from capital market
May 25, 2021
Rajesh Bhatia , promoter of Tree House Education and Accessories - SHASHI ASHIWAL×
Also imposes fine of ₹28 lakh on them for insider trading
SEBI has banned Rajesh Bhatia and his wife Geeta Bhatia, promoters of Tree House Education and Accessories, from accessing stock market for one year and levied a fine of ₹28 lakh for indulging in insider trading during the company s merger with Zee Learn in 2015.
Ahead of Zee Learn merger
In an order passed by SK Mohanty, Whole-time Member, SEBI, said the noticees (Bhatias) have been found to have traded and executed sale of 40 lakh shares of the company on December 3, 2015, just a day prior to the public announcement of the proposed merger of Zee Learn with the company.
NISM, CRISIL launch certification for wealth managers
By IANS |
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NISM, CRISIL launch certification for wealth managers.. Image Source: IANS News
Mumbai, April 29 : The National Institute of Securities Market (NISM), in collaboration with CRISIL, on Thursday launched a certification programme in wealth management.
It will cover the entire lifecycle of wealth management, equipping participants with deep conceptual understanding, and ability to use that to serve clients effectively, and aims to build wealth management capacity at banks, NBFCs, mutual funds, brokerages and family wealth offices.
While traditional curricula provide a good grasp of financial products, most are academic and follow global practices.
Finance Ministry extends last date for application for whole-time member in Sebi
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Last Updated: Apr 29, 2021, 11:44 PM IST
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Synopsis
The last date for submission of applications for the circular dated March 24, 2021, regarding filling up the post of Whole Time Member (WTM) in Sebi has been extended up to May 14, 2021, the finance ministry said in a notification on Thursday.
Agencies
The finance ministry had advertised for the post in March with the last date for submission of the application being April 30.
The finance ministry on Thursday extended the last date by a month to May 14 for receipt of applications for the post of a whole-time member in Sebi. Securities and Exchange Board of India (Sebi) has four whole-time members.