The Hindu Business Line : SEBI move

This is with reference to the editorial "Police with care" (Business Line, February 25). As the editorial rightly points out, the new move to build a database of capital market participants, using biometric techniques such as fingerprinting, has not been subject to the degree of scrutiny it deserves.

Though this move will make it easier for SEBI to identify perpetrators of scams, it appears particularly bold, as the financial sector does not have a common database on individual credit risks.

J. Kumar

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