The Insurance Regulatory and Development Authority of India has suggested regulatory changes that may significantly affect insurance brokerage firms. With compliance costs rising and commission limits introduced, smaller brokers might consolidate to survive. Notably, Alliance Insurance Brokers is contemplating a stake sale, while InsuranceDekho and RenewBuy eye initial public offerings.
Sebi accuses Jane Street of dilatory tactics at SAT, says ‘investigator is being investigated’
Securities and Exchange Board of India has expressed concerns about Jane Street’s approach to the investigation. The regulator provided over 10 GB of documents but