Sebi proposes online monitoring framework for stockbroker audits
The Securities and Exchange Board of India (SEBI) has proposed a new framework to curb market manipulation. This move comes as part of SEBI’s ongoing efforts to ensure fair and transparent trading practices in the Indian securities market.
Under the proposed framework, SEBI aims to strengthen regulations and enhance its surveillance mechanisms to detect and deter market manipulation activities effectively. The regulatory body has called for comments and suggestions on the proposal, with a deadline of 26 December for stakeholders to provide feedback.
SEBI’s focus on combating market manipulation is crucial in maintaining the integrity of the Indian stock market. By implementing stricter regulations and surveillance measures, SEBI aims to create a level playing field for all market participants and protect the interests of investors.
Market manipulation can have serious consequences, including distorting prices, misleading investors, and undermining market confidence. By taking proactive steps to address these issues, SEBI is working to safeguard the integrity and stability of the Indian securities market.
Stakeholders are encouraged to review the proposed framework and provide their input to help shape the future of market regulations in India. With a collaborative effort from all market participants, SEBI can strengthen its regulatory framework and uphold the principles of transparency, fairness, and investor protection. Let’s work together to ensure a more secure and resilient securities market for all.
