“SEBI is at the forefront of regulators globally in using data to enhance investor safety and confidence”: Ms Madhabi Puri Buch

“SEBI is at the forefront of regulators globally in using data to enhance investor safety and confidence,” said Ms. Madhabi Puri Buch, Chairperson of the Securities & Exchange Board of India (SEBI), while delivering the Foundation Day lecture on ‘Data and Technology in the Capital Market’, during IIMB’s 49th Foundation Day celebrations, this morning. The IIMB community of faculty, former faculty, alumni, students and staff were part of the event.

Observing that regulated organisations generate a lot of data, she said: “If the regulator collects the right data from the regulated entities, it is possible, even with simple algorithms and the adoption of appropriate technology, to identify and track market malpractices.”