As the Forward Markets Commission declares Jignesh Shah and Joseph Massey 'not fit' to hold any management positions in any Indian bourse, all eyes are on Sebi. Will the market regulator take action against Mr Shah and Financial Technologies? NDTV Profit explores the possibilities with J N Gupta, founder and MD of Stakeholders Empowerment Services and former executive director of Sebi. They discuss what actions can be taken, if they will be taken, and if MCX-SX's future is in jeopardy.