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  • News From Press Four months too short, push T+1 deadline by 18 mths, global funds tell Sebi

    Four months too short, push T+1 deadline by 18 mths, global funds tell Sebi

    Source: BS Oct 27, 2021

    A global association for regulated funds that is leading efforts to shorten the settlement cycle for US equities has reached out to the Securities and Exchange Board of India (Sebi) with a plea to extend the T+1 implementation timeline by 18 months.

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    1 Comment
    Prashant · 2 years ago `
    And SEBI has to comply with them? Why should the regulator ask or even listen to the very companies they are supposed to regulate? The companies have to comply with the regulator orders. Is SEBI so powerless in front of these foreign companies?
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