Current Affairs - Economy - Discussion
Discussion Forum : Economy - Latest Current Affairs (Q.No. 1221)
1221.
Which became first Indian exchange to be designated as Designated Offshore Securities Market (DOSM) by United States Securities and Exchange Commission (US-SEC)?
Answer: Option
Explanation:
BSE Ltd became first Indian exchange to be designated as Designated Offshore Securities Market (DOSM) by United States Securities and Exchange Commission (US-SEC). DOSM status will allow the sale of securities to US investors through the trading venue of BSE without registration of such securities with US SEC. This will ease trades by US investors in India and also enhance the attractiveness of Indian Depository Receipts (IDRs) amongst US investors.
Discussion:
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