SUGGESTIONS FOR SEBI’S IMPROVEMENT
In the light of recommendations of various committees and criticisms of analysts of capital market, a number of suggestions can be made to improve SEBI’s performance in future.
SEBI needs to be vested with more powers; among these mention may be made of the following important ones:
- To monitor effectively the working of stock exchanges.
- To insist on companies for the supply of extensive information on a regular basis.
- To penalize members of stock exchanges who were found to violate securities laws.
- To debar wrond-does from any activity in the stock market and impose on them civil penalties and initiate criminal proceedings.
- To make rules about the manipulative practices.
- To move court for checking insider ...
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