Big Wall Street firms like Bank of America, Citadel Securities, and Goldman Sachs support a new plan from the Options Clearing. This plan changes how money is collected to cover defaults. Retail brokers, however, fear this will cost them hundreds of millions. The dispute highlights growing friction over risk management as retail trading surges.
Sebi tightens conflict safeguards with recusal framework
In a significant move, SEBI has established a formal framework for recusal among its senior officials. This code mandates that officials withdraw from matters where
July 15, 2026