New Delhi, July 18 -- Brokers and market intermediaries are pushing back at tighter supervision looming over the derivatives market, as mounting losses among retail investors drive the regulator to consider fresh measures.
A week after Mint reported that the Securities and Exchange Board of India (Sebi) may overhaul the weekly contract expiry schedule if its recent curbs failed to cool the options fever, a brokers' association met Sebi chairman Tuhin Kanta Pandey as part of a routine meeting.
A broker who attended the Association of National Exchanges Members of India's (ANMI) 15 July meeting said industry representatives implored the regulator not to discontinue weekly expiries. Sebi may move from the current weekly expiry regime to a ...
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