News for 'fii-regulations'

Sebi bans Societe Generale from issuing PNs

Sebi bans Societe Generale from issuing PNs

Rediff.com18 Jan 2010

The Securities and Exchange Board of India (Sebi) on Monday issued a show cause notice and prohibited foreign institutional investor (FII) Societe Generale from issuing, subscribing or transacting in off-shore derivative instruments (ODIs), which are also known as participatory notes, or PNs.