Finance minister Nirmala Sitharaman on Thursday introduced in the Lok Sabha the Securities Market Code Bill that proposes to expand capital market watchdog Sebi’s regulatory power and board strength but tighten provisions of the conflict of interest and accountability for its top functionaries.
Leader of the Opposition in the Lok Sabha Rahul Gandhi on Monday accused stock market regulator Sebi of “staying silent” and Prime Minister Narendra Modi’s government of “sitting with its eyes closed” in the case of the trading firm Jane Street.
