The PMAC said any public offering should aim to provide as diverse offerings as possible with equitable opportunity at retail and non-institutional level.
The risk value of the scheme would be based on the risk-o-meter of the immediate preceding month. The investment will be maintained at all points of time.
The additional statutory cost for arbitration, if any, will be borne by party desirous of shifting the place of arbitration, the Securities and Exchange Board of India (Sebi) said in a circular.
The regulator, in 2014, permitted stock exchanges to introduce liquidity enhancement schemes in equity cash and equity derivatives segments to enhance liquidity in illiquid securities.
Sebi's whole-time member, in 2017, had barred seven entities from the securities market for five years and directed them to disgorge Rs 95 lakh that they gained through insider trading in the Bank.
Going forward, Ajay Tyagi said, the focus area for the Securities and Exchange Board of India (SEBI) will be strengthening the robustness of capital markets.
The apex court's judgement came on pleas, including the appeal filed by Franklin Templeton, against the Karnataka High Court order restraining the company from winding up its six of schemes.
In August 2020, SEBI had barred a number of individuals and entities from the capital market after it unearthed a major case of front running by dealers and entities of Reliance Securities Ltd.
SEBI also set up a panel in August headed by a former federal senior bureaucrat, T.K. Viswanathan, to suggest measures to improve market surveillance.