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SEBI directs BSE to conduct annual review to ascertain adequacy of IPF corpus

18 Nov 2020 Evaluate

To enhance the effectiveness of investor protection fund (IPF), SEBI has directed Bombay Stock Exchange (BSE) to conduct annual review to ascertain the adequacy of the IPF corpus and disclose the corpus as well as policy on processing of investors' claim on its website. The exchange received a letter on November 13, 2020 from SEBI whereby the regulator has informed that in order to increase the effectiveness of IPF of bourses, it has comprehensively reviewed the existing framework in consultation with the stock exchanges.

BSE provides an efficient and transparent market for trading in equity, debt instruments, derivatives, mutual funds. It also has a platform for trading in equities of small-and-medium enterprises (SME).

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