The Securities and Exchange Board of India (SEBI) is reassessing its proposal to unbundle analyst fees from broking charges, amid industry feedback that similar reforms in London and Europe yielded limited success.

Sources indicated that SEBI is open to reversing the move if outcomes in the domestic market prove unsatisfactory.

The regulator is expected to take up amendments to the Stock Broker Regulations, 1992 at its upcoming board meeting in December.

The proposed overhaul aims to eliminate regulatory overlaps, ease compliance requirements and bring greater clarity to existing rules.

Simultaneously, SEBI is reviewing India’s short selling norms and the Stock Lending and Borrowing (SLB) framework.

Despite being in place since 2007, the Stock Lending & Borrowing Mechanism (SLBM) has

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