The Securities and Exchange Board of India (Sebi) has announced plans to increase the number of regional offices to between 10 and 16 around the country. The opening of these local Sebi offices has seen some officials being reassigned to various states. Many of these new offices are in capital cities of states known for their fair share of law and order problems. Sebi officials are said to have come up with a term for such transfers. They call it "capital punishment".
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