Board directions authority to protect market integrity, including divestment, transfers to protection funds, and debarment. The Board may, suo motu or on information or during or after inspections, inquiries or investigations, issue directions in the interest of public, trade, investors or the securities market. Such directions include directing divestment of equity share holdings or rights in a recognised stock exchange or recognised clearing corporation found in contravention of regulations; directing transfer of proceeds or securities to an Investor Protection Fund or Settlement Guarantee Fund; and debarring exchanges, clearing corporations, shareholders, associates, agents, transferees, directors or key management personnel from accessing the securities market or dealing in securities for periods determined by the Board.