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SEBI Chief calls for investor awareness as retail participation grows
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SME Times News Bureau | 23 Nov, 2020
Emphasising on the need for informed decision by investors, Securities
and Exchange Board of India (SEBI) Chairman Ajay Tyagi has said that
investor awareness and education play an important role in the
investor's decision making.
In his message, ahead of the World
Investor Week scheduled for November 23-29, Tyagi said that complexities
of the securities market have grown manifold during last three decades
with so many developments relating to market structure, and newer
products among others.
He said that apart from the supply side
growth, on the demand side too, newer participants have entered the
market. Also, the trends in participation of the retail investors are
encouraging in terms of growth in number of portfolios of mutual funds,
he said.
"There is a need for the new investors to make informed
investment decisions. Thus, investor awareness and education play an
important role in education the investor. One should not get lured by
false promises and by unsolicited advice," Tyagi said.
SEBI is
member of the International Organisation of Securities Commissions
(IOSCO). The World Investor Week is celebrated in October every year,
under the aegis of IOSCO.
This year, due to the pandemic,
celebration of the World Investor Week has been delayed and it will be
celebrated during November 23-29. The SEBI is the National Coordinator
for the event.
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| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
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84.35
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82.60 |
UK Pound
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106.35
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102.90 |
Euro
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92.50
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89.35 |
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Yen |
55.05 |
53.40 |
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