Doing whatever is necessary to safeguard investor interests: Ajay Tyagi

Soon, we will be releasing a consultation paper on fiduciaries, which includes auditors,says Sebi chairman

AJAY TYAGI, chairman of the Securities and Exchange Board of India (Sebi), spoke on various issues while addressing the media following the board meeting. 

Edited excerpts:

Additional surveillance measures (ASMs)

The ASMs are for protection of investors. Some of them have to come suddenly to contain volatility in the stock

Alleged leak of stocks in the ASM list

We are conducting our own enquiry and stock exchanges are conducting a probe on their end. We have taken some decision on the collective action. If anyone is found guilty, we will take stern action.

Disclosure changes to auditors

The new disclosure standards are in line