Discussion
SEBI has constituted a committee under TK Viswanathan for ________.
Answer: A
Correct answer: Fair market conduct
SEBI constituted the committee under T. K. Viswanathan, former Secretary General of the Lok Sabha, to review the framework governing fair market conduct.
Its remit covered insider trading and market manipulation - the regulations on prohibition of insider trading and on fraudulent and unfair trade practices - together with SEBI's own surveillance, investigation and enforcement machinery. Its 2018 report proposed a clearer definition of unpublished price sensitive information and an informant mechanism with rewards, both of which SEBI subsequently adopted.
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