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The actions of SEBI and utterances of it's chairman Mr.Bhave have all become laughing stock. Biggest scams have occurred during Mr.Bhave's tenure. They are only trying to divert public attention. Shamelessly, they have hiked their own salaries more than double at one go. They owe an answer to public and investors, justification for looting public money! SEBI is doing more harm than any good. Their mindless actions are slowly killing Mutual Fund and Insurance industries. SEBI sees every investor with suspiscion and treat every Distributor as a criminal, by compelling KYC and KYD! There is hardly any contribution by SEBI that is worth mentioning. If SEBI is scrapped, it is a big relief to Investors and Distributors. Govt will save hundreds of crores and increase revenue.
The actions of SEBI and utterances of it's chairman Mr.Bhave have all become laughing stock. Biggest scams have occurred during Mr.Bhave's tenure. They are only trying to divert public attention. Shamelessly, they have hiked their own salaries more than double at one go. They owe an answer to public and investors, justification for looting public money! SEBI is doing more harm than any good. Their mindless actions are slowly killing Mutual Fund and Insurance industries. SEBI sees every investor with suspiscion and treat every Distributor as a criminal, by compelling KYC and KYD! There is hardly any contribution by SEBI that is worth mentioning. If SEBI is scrapped, it is a big relief to Investors and Distributors. Govt will save hundreds of crores and increase revenue.
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