SEBI Amends Drafting, Amending, and Reviewing Securities Regulations with Mandatory Public Consultation

SEBI has amended the process for drafting, amending, and reviewing securities regulations, mandating public consultation. This change aims to enhance transparency and stakeholder participation in the regulatory process. Public consultation will allow for diverse perspectives to be considered before new regulations are implemented. SEBI's move reflects a commitment to inclusive and participatory regulation-making. This amendment will likely lead to more effective and well-considered securities regulations.