Sunday, February 8, 2015

The Coy SEBI ...

It takes SEBI so long since the 1992 Harshad Mehta Scam to catch up with companies manipulating the stock market with illicit funds!!!. Why does it take so much time for  the companies' regulator  to trace shell companies who are indulging in entering markets so clandestinely and to launder.

Is it a lack of will ? Or is it afraid of the nexus ?
Why does SEBI hide its beautiful face behind the veil of secrecy?
Regulators need to be responsive.

Without any risk or responsibility. 

No comments:

Post a Comment