Investor grievance redressal: SEBI established an Ombudsman mechanism under the SEBI Act, effective on Gazette publication. These regulations establish an Ombudsman mechanism under the Securities and Exchange Board of India to provide investor grievance redressal, made under ... Summary
Investor grievance redressal: SEBI established an Ombudsman mechanism under the SEBI Act, effective on Gazette publication.
These regulations establish an Ombudsman mechanism under the Securities and Exchange Board of India to provide investor grievance redressal, made under the enabling powers of the SEBI Act (section 30 read with section 11(1)); they are titled the Securities and Exchange Board of India (Ombudsman) Regulations, 2003 and come into force on publication in the Official Gazette, and Regulation 1 was later repealed by a 2023 notification.
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