Description
SEBI directs exchanges to unfreeze trading accounts of Cypress Money Investment Adviser and three individuals after completion of debarment period.
Summary
SEBI has directed market infrastructure institutions to unfreeze the trading accounts of Cypress Money Investment Adviser and three associated individuals after the completion of their debarment period. This follows an earlier 2018 order that had resulted in account freezing.
Key Points
- SEBI confirms debarment period is complete for all four entities
- Trading accounts to be unfrozen immediately
- Covers Cypress Money Investment Adviser (PAN: AAKFC7589G) and three individuals
- Follows up on original Exchange Notice from May 4, 2018
Regulatory Changes
No new regulatory changes introduced. This circular represents the conclusion of previous enforcement action.
Compliance Requirements
- Trading members must unfreeze accounts of the specified entities
- Ensure immediate compliance with SEBI’s directive
- Take note of the updated status of these entities
Important Dates
- July 29, 2025: SEBI directive issued
- Immediate: Account unfreezing to be implemented
Impact Assessment
Limited market impact as this affects only four specific entities. Positive development for the affected parties as it restores their market access. No broader regulatory implications for the investment advisory sector.
Impact Justification
Affects specific entities but signals end of regulatory action rather than new restrictions