This was among other proposals cleared by the SEBI board at its meeting here.
Chairman Ajay Tyagi told reporters following the board meeting that the SEBI has approved a proposal to allow foreign investors to trade in commodity derivatives market, except for sensitive commodities.
The regulator has also approved a common application form for the registration of FPIs in the domestic markets, he added.
"The revised circular in this regard will be soon issued separately," a SEBI release said.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
