CBI registers FIR against members of SEBI: CNBC TV18 - Moneylife
This news is incomplete and confusing. While the names of four officials with designations are given here, the reasons or the details of the case are not furnished. Should we take it as reliable and authentic? Can the media flash such half-news about filing of FIRs by CBI and no details? Surprising but interesting. If only we have to express shock, it is because the body they belong to is an independent regulator of stock market in the country. Now, we have to wait for more time and details to come out; but in the meantime, investors confidence may be shattered.