Sebi simplifies securities transmission for heirs. India's market regulator proposed revising documentation procedures and raising threshold limits for simplified transmission of securities after an investor's death. The move aims to ease asset restitution to legal heirs and reduce administrative burden. Sebi acknowledged that existing limits set years ago no longer reflect exponential growth in the securities market and increased asset prices. The regulator also suggested introducing straight-through processing for small claims to streamline the inheritance process. These regulatory changes respond to the need for modernized procedures that better serve surviving family members claiming inherited securities in today's expanded market environment.
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