Mumbai, August 11: The markets regulator SEBI on Sunday advised investors to remain calm and exercise due diligence before reacting to inaccurate reports like Hindenburg. In a statement, SEBI said that investors should assume that Hindenburg Research may have short positions in the securities covered in the report.
Notably, the allegations made by Hindenburg Research have been duly investigated by SEBI. 슬롯사이트œThe Supreme Court, in its order of January 3, 2024, noted that SEBI had completed 22 out of 24 investigations. Subsequently, one more investigation was completed in March 2024, and one remaining investigation is close to completion,슬롯사이트� said the markets regulator.슬롯 머신 사이트 추천Hindenburg Research's Allegations Against SEBI Chairperson Madhabi Buch: Congress Says JPC Must, Urges Supreme Court To Take Cognizance of 슬롯사이트˜Scam슬롯사이트�.
During the ongoing investigation in this matter, more than 100 summons, around 1,100 letters and emails have been issued to seek information, informed SEBI.
슬롯사이트œFurther, more than 100 communications have been made seeking assistance from domestic/foreign regulators and external agencies. Also more than 300 documents containing around 12,000 pages have been examined,슬롯사이트� the SEBI informed.
The report also seeks to question SEBI슬롯사이트™s action in issuing a show-cause notice to Hindenburg Research on June 27, 2024. The show-cause notice in question, alleging violations of securities laws by Hindenburg Research, has been issued by following the due process of the law, said SEBI.슬롯 머신 사이트 추천슬롯사이트˜Investment Referred to by Hindenburg Made Before Madhabi Joined SEBI슬롯사이트�: SEBI Chairperson Madhabi Puri Buch and Her Husband Dhaval Buch Deny Hindenburg Research슬롯사이트™s Charges.
슬롯사이트œIt is noted that Hindenburg Research has itself made the show-cause notice issued to it available on its website. The show-cause notice contains the reasons for its issuance. The proceedings in this matter are ongoing and the same is being dealt with in accordance with the established procedure and in compliance with the principles of natural justice,슬롯사이트� the markets regulator stressed.
The Hindenburg report has also claimed that the implementation of the SEBI (REIT) Regulations 2014 as well as changes in such regulations had resulted in significant benefit to a large multinational financial conglomerate. 슬롯사이트œClaims that such regulations, changes to regulations or circulars issued related to REITs were to favour one large multinational financial conglomerate, are 슬롯사이트œinappropriate슬롯사이트�, SEBI said.
SEBI has adequate internal mechanisms for addressing issues relating to conflict of interest, which include a disclosure framework and provision for recusal. Over the years, it has built a 슬롯사이트œrobust regulatory framework that not only aligns with best global practices but also ensures protection of investors.슬롯사이트� "SEBI remains committed to ensuring the integrity of India슬롯사이트™s Capital markets and its orderly growth and development,슬롯사이트� it added.
(The above story first appeared on LatestLY on Aug 11, 2024 10:47 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).