Market regulator SEBI has approved several decisions in its meeting on Monday (September 30). SEBI has approved the rules of MF Lite for passive mutual funds. CNBC-Awaaz was the first to give this information. In a press release after the SEBI board meeting, it was said that under the MF Lite framework, there will be many relaxed regulatory requirements, which will facilitate easy entry into the mutual fund market. The first of these is the eligibility criteria for sponsors.

Under this framework, barriers related to net worth, track record and profitability will be reduced, allowing more entities to enter the mutual fund sector. Secondly, simplified responsibilities for trustees are expected to reduce the burden of regulations and encourage new market participants.

Approval of rules to expedite rights issue Market regulator SEBI has approved rules to expedite rights issue. It has been said that the rights issue will be completed in 23 business days. While the rules for rights issue have been simplified. A single filing system for rights issue has been approved. In a July 2024 consultation paper, SEBI proposed a relaxed regulatory framework for the mutual fund sector for passively managed funds. According to the consultation paper, the capital market regulator said that fund houses that choose not to offer actively managed schemes do not require the same level of monitoring as fund houses that do. Rules made easy Apart from this, the rules that SEBI has made easy include rules for investment advisors and rules for research analysts. SEBI has approved UPI block mechanism for brokers. The market regulator has approved 3-in-1 trading for brokers. No decision has been taken on the framework of F&O. No changes have been made in derivatives, F&O rules.