Parl panel raises concerns with Sebi over high retail participation

Draws Sebi attention to market functioning, capital influx

The Parliamentary Standing Committee on Finance has drawn the attention of the Securities and Exchange Board of India (Sebi) to the growing role of retail investors in equity markets and discussed its impact on market functioning. 
 
The panel is learnt to have also cautioned the regulator on speculative trading activity, which could lead to a spike in volatility, said regulatory sources.
  
The panel, chaired by Jayant Sinha, has also reviewed the outcome of the measures taken by Sebi in key cases, including Franklin Templeton, brokers default, and the financial crises at Infrastructure Leasing & Financial Services and Dewan