U S Securities And Exchange Commission

Securities and Exchange Board of India (Sebi) member Rajeev Kumar Agarwal, former chairman of Forward Markets Commission Ramesh Abhishek and Competition Commission of India member M S Sahoo are believed to have applied for the top post at the capital market regulator.

Expecting the government's efforts to expand financial inclusion to help curb the ponzi menace in the country, Securities and Exchange Board of India (Sebi) Chairman U K Sinha has said that agents, lured by 20-30 per cent commissions, have been pushing illicit schemes among gullible investors in the absence of good savings products.

Securities and Exchange Board of India (Sebi) member Rajeev Kumar Agarwal, former chairman of Forward Markets Commission Ramesh Abhishek and Competition Commission of India member M S Sahoo are believed to have applied for the top post at the capital market regulator.

Expecting the government's efforts to expand financial inclusion to help curb the ponzi menace in the country, Securities and Exchange Board of India (Sebi) Chairman U K Sinha has said that agents, lured by 20-30 per cent commissions, have been pushing illicit schemes among gullible investors in the absence of good savings products.