SEBI News: SEBI Chairman's big statement on F&O market, know what will happen?

News Topical, Digital Desk : SEBI News: SEBI Chairman Tuhin Kant Pandey issued an important statement on Wednesday saying that manipulations by operators in the futures and options (F&O) market will not be tolerated.

He has appealed to investors and market players not to consider F&O as a casino, but to take it as a serious and transparent financial market. 

Committee formed Tuhin Kant Pandey said that an independent committee has been formed to review the Conflict of Interest Code, which will make recommendations for the new code. This step has been taken to promote transparency and fairness of the market. Apart from this, he also commented on the IPO case of National Stock Exchange (NSE). He said that the application of NSE IPO is not a matter that cannot be resolved. SEBI is looking into this matter seriously and it will be settled soon. These statements of SEBI Chairman are being considered a positive sign for transparency in business markets and protection of investors' interests. He clarified that any kind of disturbance or irregularity in the market will not be tolerated and all concerned parties will have to follow the rules.

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