The Board of capital market regulator SEBI on Thursday approved the draft regulations on offshore derivative instruments (ODIs), including Participatory Notes (P-Notes). M. Damodaran, Chairman of SEBI, said at a news conference in Mumbai that the proposal to disallow P-Notes with underlying as derivatives was cleared.
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Thursday, October 25, 2007
SEBI Board clears norms on P-Notes
Posted by Black Widow at 6:28 PM
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