Sebi plans to recruit 38 officers

Capital markets watchdog Sebi plans to hire 38 officers to beef up its resources for faster and more effective execution of its regulatory work.
Currently the regulator has a workforce of about 787 employees.
The Securities and Exchange Board of India (Sebi) has invited applications for the post of Grade A officer or Assistant Manager in various streams like general, legal, Information Technology, official language and research.
The candidates can apply for the positions till May 26 through online mode only. The test will also be conducted online at different centres across the country, following which shortlisted people will be called by Sebi for interviews for the final selection.

Established by an Act of Parliament, Sebi has the mandate to promote the development of securities market and protect the interest of investors, among other activities.
Earlier, an independent consultant had suggested Sebi to increase its workforce to about 1,000 employees in order to meet future manpower requirements to take full ownership of regulatory oversight of all investment schemes besides staff requirement in regional offices as well as local offices.