New Delhi, Oct. 4 -- The Securities and Exchange Board of India (SEBI) has received around 20,000 responses to its consultation paper on the Closing Auction Session (CAS), market timings and settlement methods for derivative contracts. The number is significantly higher than the over 3,500 comments previously reported in some media outlets.

According to the latest data available with the regulator, SEBI had received around 20,000 comments by 7 pm on October 3, the deadline for submitting feedback on its consultation paper. The regulator shared the figures on X. The consultation paper was released on September 12.

The number of responses is more than three times the 6,000 comments received by SEBI in 2024 on a consultation paper proposin...