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If you follow the Indian stock market or simply like staying updated on how our financial system is evolving, you’ve probably come across the term “SEBI Bulletin.” But what exactly is it, and why do market participants rely on it every month? Let’s break it down. What Exactly Are SEBI Bulletins? SEBI Bulletins are monthly publications released by the Securities and Exchange Board of India (“SEBI”). Think of them as SEBI’s way of giving everyone - investors, analysts, studen

From Dream to Deal: Navigating Crowdfunding with SEBI’s Rulebook What is Crowdfunding? In simple terms, Crowdfunding refers to a method of raising small amounts of money from a large number of people, usually through online platforms, to fund a project, venture or initiative. It allows individuals, startups or organisations to reach out to the public for financial support, rather than relying solely on traditional sources like banks or venture capitalists. However, it is pert

Introduction “Phantom stock options” are a form of share-based employee benefits based on the underlying value of equity shares of the employer company. The settlement of such options is made in cash and not in equity shares of the company. To simplify, phantom shares (also known as shadow stock) are a type of employee incentive plan that gives employees the economic benefits of owning shares such as appreciation in value without actually giving them real shares or ownership.

Financial markets have always attracted attempts to decode patterns such as technical analysis, quantitative models, behavioural finance and, at the fringes, astrology. “ Astro trading ” refers to the practice of making investment decisions based on planetary movements, lunar cycles, zodiac signs or astrological charts. Astro trading promises something every market participant wants - clarity before the move. One planetary transit, one lunar shift, one "favourable" alignment,

Commodity derivatives markets move fast, sometimes faster than infrastructure teams can predict. One sharp volatility spike, one surge of algo-driven orders, and suddenly a “normal” trading day starts looking like a stress test. SEBI’s Circular dated February 11, 2026 on “ Capacity Planning and Real Time Performance Monitoring ” is aimed at exactly this moment: it nudges Market Infrastructure Institutions (“ MIIs ”) to treat technology capacity not as an IT back-office issue

AI in the Securities Market: Legal Considerations, Opportunities, and Risks Artificial Intelligence (“ AI ”) in the Securities Market of India is redefining the way markets operate. From instaneous trading algorithms to enhanced market surveillance, AI now forms an integral part of trading, compliance, and regulatory oversight. However, these technological advances also bring complex legal issues that investors, market participants, and regulators need to address. AI in Secur

What is Insider Trading? Turning whispers into wallets – some call it genius, others call it illegal. In simple terms, Insider Trading refers to trading done on the basis of Unpublished Price Sensitive Information (“ UPSI ”). Not simple enough? Let me simplify further. At its core, Insider Trading happens when someone trades in a company’s shares based on material information which hasn't been made available in the public domain. This means trading is done basis secret knowle

What is an Ex-parte Order? An ex-parte order is a legal order passed by a court or regulatory authority without hearing from one or more parties who would normally be affected by such an order. These orders are typically issued in situations requiring urgent action, where waiting for all parties to present their views could result in irreparable harm, loss of evidence, or continued wrongful activity. In the context of Indian law, ex-parte orders are employed by courts and reg

Who are Finfluencers? "Finfluencer" or Financial Influencers are individuals who use digital platforms such as social media, blogs, or video channels to provide advice, opinions or information related to finance. This may include topics like investing in the stock market, personal finance management, cryptocurrencies, and other financial products or services. Finfluencers often have a significant online following, and their views can influence the financial decisions of their

Almost every week, headlines highlight that Securities and Exchange Board of India (" SEBI ") has issued a new Consultation Paper, often on a highly focused regulatory matter. But what purpose do these documents actually serve? Put simply, SEBI Consultation Papers are an invitation for the public to participate in the rule-making process. By circulating these papers, SEBI creates space for meaningful dialogue, allowing industry players, experts, and citizens to share their vi

SEBI | Transfer of portfolios of clients (PMS business) by Portfolio Managers. On October 24, 2025, SEBI released a circular on Transfer of portfolios of clients (PMS business) by Portfolio Managers [Circular No. SEBI/HO/IMD/RAC/CIR/P/2025/0000000138] in line with its objectives of enhancing transparency, investor protection, compliance obligations, and operational efficiency for market intermediaries such as asset management companies, mutual funds, and portfolio managers. S

This article deals with the essence of what Front Running means and how the same is dealt with, by the Securities and Exchange Board of India. What is Front Running? Let us first understand what the term - Front Running a.k.a. game of seconds means. Imagine you’re in a race. Everyone is lined up at the same starting point – hearts beating fast, adrenaline pumped up, in hopes of being the first one to finish the race and winning the title. Everyone is waiting for the signal,