SEBI moves to tighten oversight of market intermediaries

The Securities and Exchange Board of India (SEBI) is working to tighten oversight of market intermediaries through a comprehensive revamp of the old Stock Broker Regulations. This move comes following a series of technical disruptions at the Multi-Commodity Exchange (MCX).      Speaking to the media at an event in Mumbai today, SEBI Chairperson Tuhin Kanta Pandey said the regulator is focusing on strengthening risk management, data protection, compliance, and investor grievance redressal t...