Legal and Regulatory Environment

14 marks (9%)~5 hours study13 sections · 10 practice questions

Learning objectives

Identify SEBI's role and key regulations governing derivatives.
Articulate the key recommendations of the L C Gupta and J R Verma committees.
Describe RBI's role in currency and interest-rate derivatives.
Recall the regulatory reporting requirements for IRD markets.
Apply key conduct and prohibition rules in client-facing scenarios.

Topics covered

01SEBI Act 1992 — overview

02L C Gupta Committee — index futures launch framework

03J R Verma Committee — risk management framework

04RBI-SEBI Standing Technical Committee

05Foreign Exchange Management Act (FEMA)

06SEBI Regulations for Currency Derivatives Exchanges

07Regulatory reporting for IRD

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A peek at what's inside Chapter 8:

study sections

First section: "Why this chapter matters"

cheat-sheet terms

Includes: SEBI, SEBI Act 1992, SC(R)A 1956...

practice MCQs

Interactive — click an option to reveal the correct answer + explanation

3 underlying tabs

Equity / Currency / Interest Rate views

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