We provide utmost importance to any or all complaints: Sebi

We provide utmost importance to any or all complaints: Sebi

Markets regulator Sebi on Wed aforesaid it provides utmost importance to any or all complaints, together with anonymous ones, and takes necessary actions once corroborative the contents.

However, it's going to not be ready to handle complaints that aren't specific or corroborated or verifiable, the regulator aforesaid in a very statement.

The clarification comes once bound media reports aforesaid that the regulator can entertain complaints against market participants as long as the whistle-blower is accessible to substantiate allegations and supply supporting documents.


 
The reports had additionally aforesaid that the complaints created to Sebi should be from associate known supply.

Consequently, in a very clarification, the regulator aforesaid it “gives utmost importance to any or all complaints either received anonymous or otherwise and takes necessary action once corroborative the contents. However, Sebi might not be ready to handle complaints that ar anonymous and not specific or corroborated or verifiable.

“Any criticism that has verifiable or corroborated facts, although it's anonymous, is taken into account by Sebi for additional necessary action,” it added.