SEBI introduced the ISO Settlement Scheme, 2024 to provide a settlement opportunity to those entities that have executed trade reversals in the stock options segment of BSE during the period April 1, 2014 to September 30, 2015 and against whom adjudication proceedings have been initiatedand are pending before any forum or authority.
This settlement period commenced on March 11, 2024 and was to end on May 10, 2024. It has been observed that during the last few days, large number of entities have shown interest in availing the Scheme. Considering the interest of entities in availing the Scheme, the competent authority has extended the period of the Scheme till June 10, 2024.
