The Securities and Exchange Board of India (SEBI) has constituted an Intermediary Advisory Committee to advise the markets regulator on changes in legal framework and increasing transparency in the functioning of market intermediaries like stock exchanges, depository participants, clearing corporations, among others.Who will chair this committee?

Solution

The Securities and Exchange Board of India (SEBI) has constituted an Intermediary Advisory Committee to advise the markets regulator on changes in legal framework and increasing transparency in the functioning of market intermediaries like stock exchanges, depository participants, clearing corporations, among others.    The committee will be chaired by former SEBI executive director S Ravindran who in his assignment with the markets regulator handled the charge of the Corporation Finance Department.     The 21-member committee has representation from the broking community, legal, and financial institutions.