Sebi Board to Discuss MF, Brokerage Rule Overhaul & Officer Asset Disclosure

• Sebi board to discuss a high-level panel's report on conflict of interest for senior officers, including asset disclosure and a whistleblower system.
• Comprehensive reviews of mutual fund regulations are on the agenda, proposing changes to TER definition, brokerage limits, and removal of the 5 bps additional levy.
• The board will also consider overhauling 1992 Stock Broker Regulations, including introducing a definition for 'algorithmic trading'.
• Other key agenda items include relaxed KYC requirements for NRIs and the introduction of a closing-auction session.

Why It Matters: New Sebi rules will enhance market transparency, protect investors, and ease NRI compliance.