Regstreet Law Advisors team is pleased to share the June 2026 edition of 𝐑𝐄𝐆𝐏𝐎𝐒𝐓 ~ 𝑻𝒉𝒆 𝑭𝒊𝒏𝒂𝒏𝒄𝒊𝒂𝒍 𝑹𝒆𝒈𝒖𝒍𝒂𝒕𝒐𝒓𝒚 𝑷𝒓𝒂𝒄𝒕𝒊𝒄𝒆 𝑵𝒆𝒘𝒔𝒍𝒆𝒕𝒕𝒆𝒓!
In this edition of 𝗥𝗘𝗚𝗣𝗢𝗦𝗧, we bring together significant developments across securities law, financial regulation, insolvency, and market enforcement. The issue features thought leadership contributions by our Managing Partner Mr. Sumit Agrawal, alongside distinguished former regulators Mr. M Damodaran and Dr. M. S. Sahoo, examining key issues under the proposed Securities Markets Code, including the constitutional limits on delegated criminalisation, insider trading standards, the territorial reach of India’s securities laws, and the regulatory rule-making powers of Market Infrastructure Institutions.
This month’s regulatory watch covers important developments across the financial sector, including SEBI’s Board-approved reforms relating to Alternative Investment Funds, transmission of securities, buy-backs, securitisation, etc. The edition also highlights key regulatory initiatives by the Reserve Bank of India (RBI) relating to foreign portfolio investments, credit derivatives, foreign exchange reporting and regulatory reporting systems; PFRDA- Pension Fund Regulatory and Development Authority’s introduction of its Regulatory Sandbox; and International Financial Services Centres Authority’s amendment concerning imports of gold and silver through IIBX.
The edition further analyses several important judicial and enforcement developments, including the Bombay High Court’s decision in Dhanera Diamonds v. Securities and Exchange Board of India (SEBI) concerning Multi Commodity Exchange of India Ltd. (MCX) crude oil futures settlements, significant SAT rulings on natural justice, directors’ liability, investment adviser compliance, NSE penalties, and locus standi in securities appeals, as well as NCLAT’s judgment on the interplay between the Insolvency and Bankruptcy Code and the Prevention of Money Laundering Act. It also covers major SEBI enforcement actions involving Rajesh Exports Limited, Kotak India Growth Fund II, Angel One Limited, Prime Focus Limited, and OnePaper Research Analysts Private Limited, addressing issues ranging from financial misstatements and settlement proceedings to intermediary compliance and investor protection.
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