Enquiry for contraventions of securities regulations enables procedural investigation and penalty imposition for listed regulatory breaches. Enquiry for contraventions of specified securities regulations establishes a procedural mechanism to investigate breaches and facilitate imposition of penalties; it lists the regulatory instruments under which an enquiry may be held, covering intermediaries and market participants such as brokers, insider trading, merchant bankers, portfolio managers, registrars, underwriters, debenture trustees, bankers to an issue, rules on fraudulent and unfair trade practices, foreign investors, custodians, depositories, venture capital funds, mutual funds, takeovers, buy back, credit rating agencies and collective investment schemes.