Wednesday, December 15, 2010

RTI COVER NSE PROBE REPORT

The inquiry reports of the NSE in the alleged defaults by a brokerage firm should be made public, the Central Information Commission has told the SEBI. The Chief Information Commissioner, Mr. A.N. Tiwari, said, If the averment of the respondents (SEBI) that all such inquiry reports should be withheld from disclosure as these might contain commercial and business related information of the broker or brokerage firm investigated by the stock exchange or SEBI is accepted, no wrongdoing of the brokers would ever be known to the investors- the very victims of the broker's wrongdoings.

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