Capital markets regulator Securities and Exchange Board of India (SEBI) tightened the rules for equity derivatives trading on Tuesday, October 1, raising the entry barrier and making it more costly to trade in the asset class,

India’s securities regulator on Tuesday notified steps to limit a surge in equity derivatives trading in the nation after growing retail participation took the speculative bets to the highest in the world.

India’s securities market regulator surprised investors by refraining from announcing measures to limit a surge in derivatives trading, even as it tinkered with rules for the nation’s booming mutual fund industry.

India markets regulator on Tuesday tightened the rules for derivatives trading by raising the entry barrier and making it more costly to trade in the asset class, despite a pushback from investors.