Capital market watchdog Sebi has set up local offices in Chattisgarh and Goa that would take care of issues related to investor protection and education, among others, in these regions.
Securities and Exchange Board of India (Sebi) has established local offices in Raipur, Chattisgarh and in Panaji, Goa.
These offices would look after "the regulatory aspects of investor protection, facilitating redressal of investor grievances, financial and investor education", among others, according to recent notifications issued by Sebi.
Both local offices would be under the administrative control of Sebi's Western Regional Office-II at Ahmedabad.
Sebi has been opening local offices in different parts of the country.
This year, the regulator has established offices in many places, including Patna, Hyderabad and Lucknow.
Sebi is looking to strengthen its regional offices since physical proximity to investors and intermediaries would help in deepening of the securities market.
