Securities and Exchange Board of India (SEBI) has constituted a Standing Committee, Market Data Advisory Committee (MDAC) to suggest applicable coverage for entry to securities market information, determine segment-wise information perimeters, information wants and gaps, suggest information privateness and information entry laws relevant to market information. The committee is headed by Madhabi Puri Buch, Whole Time Member, SEBI and has CEOs of inventory exchanges and depositories, representatives of varied stakeholders and senior officers of SEBI as members.
“SEBI’s endeavour is to foster a “Data Culture” within the Indian Securities Market i.e. ‘Data for Transparency’, ‘Data for Efficiency’ and ‘Data for Innovation’ together with ‘Respect for Data Privacy’. Thus, MDAC is a part of SEBI’s initiatives to make shareable information on the Indian securities market, out there for researchers, policymakers, common public alike and to boost the standard of such information.
| SBI Clerk Mains & RBI Assistant Mains Exams
Some of the opposite initiatives taken by SEBI, by its Department of Economic and Policy Analysis (DEPA), embrace SEBI Data Sharing Policy,” SEBI acknowledged. The Data Sharing Policy intends to facilitate entry to information from SEBI to fulfill a wide range of necessities, viz. to undertake Analytics tasks, Research actions, and many others. by varied instructional/analysis establishments and different regulators.
Important takeaways for all aggressive exams:
- SEBI Founded: 12 April 1992.
- SEBI Headquarters: Mumbai, Maharashtra.
- SEBI Chairperson: Ajay Tyagi.
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