Securities Laws and Capital Markets - II

Paper Code: 
BCS 315
Credits: 
3
Contact Hours: 
45.00
Max. Marks: 
100.00
Objective: 

To acquire knowledge and understanding of securities laws and the regulatory framework of capital markets.

9.00
Unit I: 

Primary Market

a. Capital Market Investment Institutions-Domestic Financial Institutions(DFI), Qualified Institutional Buyers(QIB), Foreign

Portfolio Investors (FPI), Private Equity, Angel Funds, HNIs, Venture Capital, Pension Funds, Alternative Investment Funds.

b. Capital Market Instruments-Equities, Preference Shares, Shares with Differential Voting Rights, Corporate Debt, Non-

Convertible Debentures(NCD), Partly, Fully and Optionally Convertible Debentures, Bonds, Foreign Currency Convertible

Bonds(FCCB), Foreign Currency Exchangeable Bonds (FCEB) Indian Depository Receipts (IDR),Derivatives, Warrants;

C.Aspects of Primary Market- book building, ASBA, Green Shoe Option.

 

9.00
Unit II: 

Secondary Market

Development of Stock market in India; Stock market & its operations, Trading Mechanism, Block and Bulk deals, Grouping,

Basis of Sensex, Nifty; Suspension and Penalties; Surveillance Mechanism; Risk management in Secondary market, Impact of

various Policies on Stock Markets such as Credit Policy of RBI, Fed Policy, Inflation index, CPI, WPI, etc.

 

 

9.00
Unit III: 

 

Securities Market Intermediaries :

Primary Market and Secondary Market Intermediaries: Role and Functions, Merchant

Bankers, Stock Brokers, Syndicate Members, Registrars and Transfer Agents, Underwriters, Bankers to an Issue, Portfolio

Managers, Debenture Trustees, Investment Advisers, Research Analysts, Market Makers, Credit Rating Agencies; Internal

Audit of Intermediaries by Company Secretary in Practice.

 

9.00
Unit IV: 

Mutual Funds :Types of Mutual Funds and Schemes; Key players in Mutual Funds: Sponsor, Asset Management Company,

Trustee, Unit holder, Evaluating performance of Mutual funds- Net Asset Value, Expense Ratio, Holding Period Return

 

9.00
Unit V: 

Collective Investment Schemes :

Regulatory Framework; Restrictions on Business Activities; Submission of Information and

Documents; Trustees and their Obligations.

 SEBI (Ombudsman) Regulations, 2003 :

Procedure for Redressal of Grievances; Implementation of the Award; Display of the particulars of the Ombudsman, SCORES, SEBI (Informal Guidance) Scheme, 2003.

 

 

References: 

 

Study Material Issued by ICSI

Scanner-Arun Kumar (Suchitra Prakashan (P) Ltd

 

Academic Year: 
2018-2019
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