SEBI may form panel to examine self-listing rules for stock exchanges: Sources

Capital markets regulator Securities and Exchange Board of India (SEBI) may form a panel to examine a regulatory framework that would allow stock exchanges to list their own shares, sources told CNBC-TV18.

The market watchdog may first look to address issues around conflict of interest and the governance structure of exchanges before considering a framework for self-listing, the sources said.

Under the proposed framework, the primary responsibility for oversight is likely to remain with the exchange’s existing regulator.

If approved, the self-listing rules could also apply to exchanges that are already listed, according to the sources.

CNBC-TV18 has written to SEBI seeking its response on the matter. A response is awaited.