SEBI receives about 20,000 comments on market structure consultation
In short
SEBI had received about 20,000 comments by 7 pm on October 3 on its consultation paper. The paper covered the Closing Auction Session, market timings, and how derivatives contracts are settled.
This matters because it shows strong interest in a rule change that could affect trading. The source does not say what SEBI will decide next.
What the reporting says
SEBI had received around 20,000 comments by 7 pm on October 3 on its consultation paper about Closing Auction Session, timings and derivatives contracts settlement methodologies, according to Mint Markets. The reported figure indicates strong public feedback before the deadline, but the source does not say how SEBI will act on the responses or when a final decision will come. The immediate consequence is that the comment window has effectively closed.
Why it matters
A Mint Markets summary says SEBI had received around 20,000 comments by 7 pm on October 3 on its consultation paper covering the Closing Auction Session, market timings and derivatives contract settlement methodologies. The high response count suggests significant market participation, but the source does not say whether SEBI will revise the proposal or when a decision will be announced. The impact is regulatory and market-structure related.