
Post Jane Street SEBI Cracks Down on P-Notes, ETLegalWorld
SEBI is tightening norms around participatory notes (P-Notes), especially those linked to derivatives, following concerns flagged in the Jane Street case. The Securities and Exchange Board of India (SEBI) is set to tighten oversight of participatory notes (P-Notes) in a bid to protect small investors and enhance transparency in foreign capital flows. The move follows…