Whalesbook
SEBI ne aaj market intermediaries ke liye apne 'fit and proper' rules mein kuch bade changes announce kiye hain. Saaf kar diya hai ki ab se kuch cheezon mein woh naram honge, lekin jab baat pakki galati ki aayegi, toh phir action aur bhi sakht hoga!
Ye change SEBI ka ek smart move hai. Pehle kya hota tha, ki agar kisi intermediary par koi criminal complaint file ho gayi ya charge sheet aa gayi, toh SEBI unhe automatic 'not fit and proper' declare kar deti thi. Ab aisa nahi hoga! Company ya banda agar masoom hai aur uski galati prove nahi hui hai, toh unhe automatic bahar nahi kiya jayega. Isse business karna thoda easy ho jayega aur startups ko bhi relief milegi. SEBI ka focus ab 'innocent until proven guilty' par hai, bilkul wahi jo UK, EU, US jaise developed markets mein hota hai, aur IOSCO bhi ise support karta hai.
Lekin haan, drama yahan khatam nahi hota. Jahaan shuruati galatiyon mein chhoot hai, wahin jab koi conviction ho jata hai, toh woh aur bhi khatarnak hai. Ab kisi bhi economic offense ya securities law violation mein conviction milne par seedha disqualification hoga. Pehle sirf dishonesty ya serious misconduct wale cases mein aisa hota tha. Iska matlab hai ki agar aap pakde gaye aur guilty prove hue, toh SEBI aapko nahi chhodegi.
Iske alawa kuch operational changes bhi hain:
- Intermediaries ko koi bhi disqualifying event hone par 15 working days ke andar SEBI ko report karna hoga.
- Kisi ko 'not fit and proper' declare karne se pehle unhe sunwai ka mauka milega.
- Registration cancel hone par jo pehle automatic 5 saal ka ban lagta tha, woh ab nahi lagega. Jab tak SEBI order mein time likha hoga, tab tak hi ban rahega.
- Show cause notice ke baad 6 mahine ka cooling-off period hoga, jo pehle 1 saal tha.
- Firm ke liye yeh bhi zaruri hai ki agar koi staff disqualified hota hai, toh uski jagah 30 working days mein naya banda lana hoga. Varna woh disqualify hua banda 6 mahine mein apne voting rights chhod de ya shares bech de, nahi toh puri firm mushkil mein pad sakti hai.
Kuch experts keh rahe hain ki isse SEBI ko har case ko bohot carefully check karna padega. Lekin SEBI ka ultimate goal yeh hai ki India ka financial market aur bhi transparent, secure aur easy to do business bane. Dekhte hain yeh naye rules kitne effective hote hain!