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 with the Uday Kotak committee's recommendations. It will be mandatory for the companies to report any change in auditors from April 1.
We are cognizant of issues and doing whatever is required to be done to safeguard the interest of investors. Soon, we will be releasing a consultation paper on fiduciaries, which includes auditors. We have been taking action in cases that fall under our jurisdiction.
We have sent a show cause notice to ICICI Bank. We are yet to receive a reply.
ICICI Pru's huge participation in ICICI Securities IPO
We are examining the case and have sought information from all parties. We are yet to receive replies.
FPI circular imposing curbs on NRI-managed funds
The circular does not state anything new. It reiterates what are the requirements under the Prevention of Money Laundering Act. The anti-money laundering law prescribes what beneficial ownership is and this circular only restates those rules.
(Compiled by Pavan Burugula & Jash Kriplani)
 "Ajay Tyagi, Chairman Sebi")