As a regulator, Buch said, we cannot afford to have one lakh of Indore-type investment advisors. “I have personally gone through and seen people being driven to suicide because of the bad things that happen in the market.” Citing that a large number of 35% of investment advisors are still not registered with the regulator, she said.
Can NSE Clearing achieve financial independence before the NSE IPO?
NSE’s listing plans hinge on resolving the financial relationship between the exchange and its clearing arm, NSE Clearing. SEBI has suggested NSE Clearing should become