The Indian Chamber of Commerce has strongly criticized the Securities and Exchange Board of India （SEBI） for backing legal reforms that could impact the market negatively.
In a recent press conference, the chamber\“s president expressed their concerns, stating, \“The proposed changes are not in the best interest of investors and could lead to market uncertainty.\“
He also mentioned that the SEC\“s decision to support the reforms was disappointing and questioned the body\“s impartiality.
Despite the criticism, the SEBI has stood firm on its stance, saying that the reforms are necessary to protect the interests of the investors and ensure fair trading practices. |
