Tiger Global Management Sebi Investigation in Ketan Parekh Front Running Case

The Securities and Exchange Board of India (SEBI) has recently announced some important updates that all investors should be aware of. One key change is in relation to the registration process for brokers and depository participants. Going forward, SEBI has mandated the linking of Aadhaar for all individuals who wish to register as brokers or depository participants. This move is aimed at enhancing the overall security and transparency of the registration process.

Additionally, SEBI has also introduced a new mechanism for processing investor complaints. Under this new system, investors can now file their complaints online through SEBI’s SCORES platform. This online portal allows investors to track the status of their complaints in real time, providing a more convenient and transparent process for addressing investor grievances.

Another important development is the implementation of a mandatory cybersecurity framework for Market Infrastructure Institutions (MIIs). MIIs are entities such as stock exchanges, clearing corporations, and depositories that play a crucial role in the functioning of the securities market. By introducing this cybersecurity framework, SEBI aims to enhance the resilience of MIIs against cyber threats, ultimately safeguarding the integrity of the market.

In conclusion, these recent updates from SEBI underscore the regulator’s commitment to ensuring the integrity and efficiency of the Indian securities market. By implementing measures such as Aadhaar linking for registration, online complaint filing, and cybersecurity frameworks for MIIs, SEBI is taking proactive steps to protect investors and maintain the trust and credibility of the market. Investors are encouraged to stay informed about these developments and comply with any new requirements to ensure a smooth and secure investing experience.