Call for better rules on making good investor losses due to malpractice

Justice AR Dave committee report had sought feedback from the public in June

Investor groups have called for improved attention on rules for making good the losses that investors may suffer due to malpractices in the securities market.

Procedures should be amended to make it more participative for affected investors and the rules for restitution could also be made simpler, according to investor associations who pointed out that recovered money often doesn’t find its way to investors. The feedback comes on the back of a report last month where a high level committee under the chairmanship of Justice Anil R. Dave looked at enforcement issues including issues of restitution. It had sought comments on