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Sebi to soon issue framework on Closing Auction Session; receives over 3,500 comments

As reported by Stocks-Markets-Economic Times
Securities and Exchange Board of India will release a framework regarding changes to the Closing Auction Session mechanism. The regulator reviewed comments on its consultation paper about market timings and settlement methodology. Sebi intends to address specific issues related to derivatives settlement prices after consultations. Regulatory measures for corporate bond derivatives are also being developed to promote market growth.
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