U K Sinha’s six-year long tenure as chairman of the Securities and Exchange Board of India (Sebi) ends later this week. Sinha held his last press conference in Mumbai on Monday, where he spoke on wide-ranging issues and his biggest regret. Edited excerpts:
On Sebi’s main focus
Sebi’s main focus has been to maintain a fine balance between protecting the investor interests and developing the market. But if it comes to making a choice then the Sebi will take a call in protecting investors.
On regulations which need overhaul
I would like my successor to look into it and set