FIA has submitted a response to the Securities and Exchange Board of India's (SEBI) consultation paper on measures to strengthen the index derivatives framework for increased investor protection and market stability.
In the response, FIA expressed support for the underlying intent of these measures and offered several suggestions to enhance these proposals. FIA also urged SEBI to carefully consider any potential unintended consequences of the proposed measures and emphasized the importance of fostering a balanced development of India’s derivatives ecosystem.
The letter also advocated for the implementation of strategies to ensure investor suitability for specific financial products.
Read the letter in full.
