India's market regulator, SEBI, is re-evaluating its proposal to separate analyst fees from broking charges, citing limited success in global markets. The regulator is also undertaking a comprehensive review of short selling regulations and the Securities Lending and Borrowing (SLB) framework due to subdued activity. These potential changes, along with monitoring of derivatives data, are expected to be discussed at SEBI's upcoming board meeting, aiming to simplify rules and improve market functioning.