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SEBI sets up Intermediary Advisory Committee Chaired by former SEBI ED S Ravindran

Published on May 29, 2023
Current Context: SEBI has reconstituted its intermediary advisory committee, which suggests on matters pertaining to changes in legal framework and enhancing transparency in systems and procedures of market intermediaries including stock brokers, depository participants and clearing members.
SEBI sets up Intermediary Advisory Committee Chaired by former SEBI ED S Ravindran
  • The committee is chaired by S Ravindran Jain, former executive director at SEBI. The committee has 21 members, including representatives from the brokerage industry, financial institutions, legal fields and SEBI’s members.
  • Some of the new members are Nithin Kamath, founder and CEO of Zerodha Broking and Lalit Keshre, CEO of Groww
  • The roles and responsibilities of the committee are to suggest measures for improving market safety, efficiency and transparency and advise SEBI on matters required to be taken up for changes in legal framework to introduce simplification and transparency in systems and procedures with regard to market intermediaries.

Question:

Q.1 Who is the chairperson of the SEBI intermediary advisory committee?
a. Lalit Keshre
b. Nithin Kamath
c. S Ravindran Jain
d. Ashish Chauhan
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