SEBI board to hold major meeting tomorrow; mutual fund and stock broker regulations likely to be discussed

Sebi Board Meeting: This will be his fourth board meeting, chaired by SEBI Chairman Tuhin Kant Pandey, in which comprehensive reforms suggested to increase transparency and accountability will be discussed.

 

 

 

Sebi Board Meeting December 2025: The board of directors of market regulator Securities and Exchange Board of India (SEBI) will consider the report of a high-level committee constituted to address issues related to conflict of interest of senior officials in a crucial meeting on Wednesday. This will be his fourth board meeting, chaired by SEBI Chairman Tuhin Kant Pandey, in which comprehensive reforms suggested to enhance transparency and accountability will be discussed.

SEBI's important meeting

The committee has recommended public disclosure of assets for top SEBI officials, setting up of a secure and anonymous whistleblower system, a ban on expensive gifts, debarment from appointment to any post for two years after retirement, and creation of a new post of 'Chief Ethics and Compliance Officer' (CECO). 

 

The meeting will also consider relaxing KYC standards for NRIs, introducing a "closing auction session" in the stock market, and proposing changes to mutual fund and stockbroker regulations. SEBI has already issued a consultation paper suggesting clearer definitions of TER (total expense ratio) in mutual fund regulations, setting new limits on brokerage fees, and excluding statutory taxes from TER.

The Board may also decide on a proposal to review the Stock Broker Regulations of 1992 and add a clear definition of algorithmic trading, which will further strengthen market transparency and regulatory clarity.

NCDEX gets SEBI approval

The National Commodity and Derivatives Exchange Ltd (NCDEX) has received in-principle approval from market regulator SEBI to launch a mutual fund trading platform, in what is seen as a key strategic move for the exchange. NCDEX said on Monday that the new facility will allow investors to buy and sell mutual fund units, expanding its scope from a commodity-based trading platform.

 

According to the company, this platform will provide a strong foundation for the proposed equity trading segment in the future, enabling NCDEX to emerge as a multi-asset exchange. Clearing and settlement on this proposed mutual fund platform will be handled by National Commodity Clearing Limited (NCCL), a wholly-owned subsidiary of NCDEX.

This is expected to ensure transparency, security, and timely settlement of the transaction process. Market experts believe that this move by NCDEX will provide investors with additional options and, through increased competition, make mutual fund investing easier and more accessible. Furthermore, this initiative is seen as an important signal towards further expanding the role of exchanges in the Indian capital markets.