Summary
- Sebi has introduced new regulations that revise the formula for calculating settlement amounts and establish a fast-track route for cases involving amounts up to Rs 10 lakh.
- The updated framework eliminates double counting of wrongful gains and losses, focusing instead on disgorgement and regulatory terms.
- Fast-track settlements will be categorized into violation-based and monetary threshold-based routes, expediting resolution for less serious violations.
- These changes aim to simplify the settlement process, making it more predictable while maintaining its deterrent effect against securities law violations.
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