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Thursday, 7 May 2026
Mukhyamantri
Business

India’s Securities market code revision should lay down penalty provisions in black and white

A review of proposed changes to India's Securities Market Code offers an opportunity to close the space for interpretive differences in the imposition of penalties for violations. Market participants value certainty and the statute must provide it.

By M. Damodaran, Sumit Agrawal· Livemint· 1 day ago· 2 min read
India’s Securities market code revision should lay down penalty provisions in black and white