Zerodha co-founder Nithin Kamath has pushed back hard against SEBI’s reported move to scrap weekly F&O expiries, saying there’s been no consultation with brokers — a sharp break from how major regulatory changes are typically handled.

“There hasn’t been a consultation with any of the brokers to the best of my knowledge yet,” Kamath posted on X. “SEBI always consults the industry players before big regulatory changes.” Advertisement

His comments reflect growing frustration across market participants after reports claimed SEBI is preparing to phase out weekly options contracts — a product that has exploded in popularity, particularly among retail traders.

According to Moneycontrol, SEBI has initiated talks with large brokerages and will soon expand the consultation process to include exc

See Full Page