Saturday, June 14, 2008

Divulging FIIs' info: Sebi asked to decide soon

The Central Information Commission has asked market regulator Securities and Exchange Board of India to decide whether information pertaining to investments made by foreign institutional investors in the country can be disclosed under the RTI Act.
The apex transparency panel also asked the market watchdog to decide the matter within two months after holding consultations with the government officials as well, besides taking a view point of FIIs in this regard.

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