SEBI is rewriting the rulebook on trading compliance with a comprehensive new proposal that prioritizes simplicity and efficiency. Released amid soaring market activity, the measures aim to alleviate the regulatory strain on over 300 registered brokers and millions of active traders.
Key highlights include a unified margin reporting mechanism, collapsing fragmented requirements into one dashboard accessible via secure APIs. This addresses long-standing grievances about repetitive data entry, which ties down staff and inflates costs.
Further, the paper suggests graduated position limits based on trader profiles, easing constraints for experienced participants while tightening for novices. Verification of trades moves to automated confirmations, slashing manual interventions.
The timing is impeccable: India’s derivatives market, now rivaling global leaders, grapples with compliance bottlenecks amid explosive growth. ‘This will unlock productivity,’ said industry analyst Ravi Mehta.
Notably, SEBI incorporates feedback from recent workshops, blending innovation with prudence. Blockchain pilots for settlement tracking hint at future-proofing.
While brokers cheer, investor bodies urge vigilance on systemic risks. Comments are open till mid-November, ensuring stakeholder buy-in.
Looking ahead, these reforms could catalyze a new era of accessible trading, boosting liquidity and investor confidence. SEBI’s proactive stance positions Indian markets as a global benchmark for regulatory agility.