India’s Securities and Exchange Board (Sebi) has asked stock exchanges to provide minimum facilities to investors and upgrade knowledge of officials at Investor Service Centres (ISCs). The facilities include counselling services, computer access to view public information, and providing a platform to file investor complaints in both electronic and physical format. The regulatory body also recommended that each ISC assigns a specialist to guide and assist investors. Exchanges have 90 days to implement the latest recommendations, while the order on knowledge would come into effect in stages. Sebi ordered exchanges to open or maintain ISCs for investors in December 1997.
Investor Service Centres of Exchanges to Get Upgraded with Essential Features and Official Knowledge, says SEBI- Latest News
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