Financial Daily from THE HINDU group of publications
Saturday, Sep 07, 2002
Financial Daily from THE HINDU group of publications Saturday, Sep 07, 2002 |
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Markets
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Stock Exchanges SEs to set up panel for compliance of SEBI reports K.R. Srivats
NEW DELHI, Sept. 6 THE Securities and Exchange Board of India (SEBI) has directed the stock exchanges to set up a sub-committee of their governing board for monitoring compliance of the capital market regulator's inspection reports. The sub-committee of the governing board should comprise executive director/managing director; two public representatives; one SEBI nominee and one broker representative, a SEBI official said. SEBI has held that such a sub-committee of the governing board should meet at least twice each quarter to review the actions taken
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