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Thursday, June 25, 2009

SEBI constitutes committee for its investor protection fund

Market regulator SEBI has constituted an eight-member advisory committee for its Investor Protection and Education Fund to educate market participants and protect their interest .

The committee will recommend investor education and protection activities that may be undertaken directly by the regulator or through any other agency, SEBI said in a release while announcing the members of the committee.

The committee comprises SEBI Executive Director R K Nair, Retired IAS S G Kale, Head of Department of Financial Studies of Delhi University's Sanjay Sehgal, D N Raval Partner from , Raval & Raval Associates and Mala Banerjee President, Federation of Consumer Associations, West Bengal.

While other members are A K Narayan President, Tamil Nadu Investors Association and two general managers from SEBI G P Garg and Suresh Menon.

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