TRAI-ing new approach: On enforcing the 12 min/hour advertising cap on TV, Telecom Regulatory Authority of India head Rahul Khullar says: “I don’t have to win a fucking election. I am a regulator, I am answerable to Parliament, my job is to enforce the law. Once the regulation is issued, it is law. The telecom guys know this. The broadcasting guys are learning it late.” [Mint]

Facebook arrest: Supreme Court refuses to allow a blanket ban on arrest under Section 66 of the Information Technology Act 2000 for posting content on social networking sites, but reasserts that such arrests can only be made after permission from senior police officials [Hindu]

NLU targets: National law universities need a more rigorous curriculum, greater focus on post graduate courses, greater faculty focus on research, “higher benchmarks”, consultative regulation from the BCI, and integration of inter-disciplinary subjects argues the Hindu Businessline [HBL]

SEBI’s grey options: There are a number of options available to the Securities and Exchange Board of India (SEBI) between the two extremities of being ‘reactive’ or ‘proactive’ when dealing with capital market frauds, argues former SEBI executive director Sandeep Parekh [BS]

Sibal to-do: A Delhi-based lawyer chalks a to-do list for new law minister Kapil Sibal: A constitutional amendment to change the collegium system, appointment of law officers by the judiciary instead of the executive, amendment of economic laws, and reduction in case pendency [Hindu]