Sumit Agrawal

Sumit Agrawal

The regulatory state's fault lines: India must restore separation of powers

Regulators operate as mini-states within their domains, simultaneously exercising quasi-legislative, executive, and quasi-judicial powers

Updated On: 23 Oct 2025 | 10:09 PM IST

Responsible regulation: The key to reform in an era of deregulation

As deregulation gains momentum, here are nine points to consider when crafting governing regulations

Updated On: 27 Feb 2025 | 10:27 PM IST

Balancing act: Managing conflicts in regulatory roles is key for Sebi

In the realm of market regulation, managing conflict is the key to effective governance

Updated On: 26 Sep 2024 | 12:30 AM IST

Smoke, fire and fog: Looking beyond the haze of Hindenburg allegations

Rather than being ensnared by the specifics of individual allegations, our focus should be on safeguarding Sebi's integrity as an institution

Updated On: 20 Aug 2024 | 10:52 PM IST

Governance by disguised legislation

The tyranny of circulars must end to ensure democratic legitimacy of laws and ease of doing business

Updated On: 27 May 2024 | 9:46 PM IST

Streamlining the disciplinary process

There is a need for consistency in the adjudicating frameworks of Sebi and other market regulators to ensure fair financial market outcomes

Updated On: 20 Dec 2023 | 9:46 PM IST

The goose that laid the golden eggs

AT1 bonds have a cushion on both sides. They are affected only after either equity or debt has been impacted

Updated On: 15 Jun 2023 | 10:36 PM IST

An interim Sebi order must not be open-ended

Delayed justice is unfair to those who may ultimately be found not guilty, and also to those who may be found guilty

Updated On: 26 Aug 2022 | 12:47 AM IST

Standardising regulatory prescriptions

Realisation of statutory objectives in the securities market requires absolute clarity of statutory provisions

Updated On: 13 Jun 2022 | 11:29 PM IST