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BSE shares fall after reports SEBI may revamp self-listing rules

Reports say SEBI could create a high-level panel to examine governance and conflicts of interest tied to exchanges listing their own shares, potentially affecting both BSE and NSE.

Reported · Written up by our desk · Trade & Tariffs

Shares of BSE Limited fell nearly 2% on Monday after reports that India’s market regulator, SEBI, may review the regulatory framework for “self-listing” by stock exchanges, according to LiveMint Markets.

LiveMint Markets reported that SEBI could form a high-level panel to examine key concerns such as conflicts of interest and the exchanges’ governance structure before making recommendations on any changes.

The development comes days after the National Stock Exchange’s IPO listing on the Bombay Stock Exchange, LiveMint Markets said, adding that the proposed approach would likely keep oversight responsibilities with the exchanges’ existing regulator.

If self-listing rules are implemented, the change would also apply to exchanges that are already listed, the report added, potentially involving both BSE and NSE.

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