CATCH ME UP
SEBI plans new guidelines for the settlement-price mechanism on derivatives expiry days.
Tuhin Kanta Pandey said the rules should come within a week.
The regulator has received about 20,000 comments on its consultation paper.
The closing auction session was introduced to determine closing prices for select futures and options stocks.
Why it mattersThe guidelines could reshape compliance and disclosure expectations for market participants, especially if AI-related oversight is included.
More context
One report says the proposal follows previous market backlash and price swings.
Pandey also outlined plans for simplified broker compliance, digital onboarding for overseas investors, and AI-related regulations.