 "Sebi")
The Securities and Exchange Board of India (Sebi) on Wednesday has issued a consultation paper to review regulations for stock exchanges, clearing corporations and depositories.
Capital market regulator has sought comments till March 31 in this regard. The proposal is in line with recommendations of a committee headed by Bimal Jalan, former Governor of the Reserve Bank of India (RBI).
The committee had recommended that Sebi should review the operations of the market infrastructure institution (MII) after every five years on account of the rapid evolution of the stock market. Other factors underlined by the committee included technological developments, introduction of
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