Ponzi scheme probe: Sebi can't authorise search seizure

Written By Unknown on Senin, 04 Agustus 2014 | 23.08

The government had no troubles in tabling the Securities Law Amendment Bill in the Lok Sabha today, the bill was supposed to empower the market regulator to tackle the rising menace of ponzi schemes, but the bill has not given any teeth to the market regulator Sebi.

The government had no troubles in tabling the Securities Law Amendment Bill in the Lok Sabha today, the bill was supposed to empower the market regulator to tackle the rising menace of ponzi schemes, but the bill has not given any teeth to the market regulator Sebi.


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