Indian Securities Market is among the best regulated in the World: Chidambaram

The Union Finance Minister Mr.P.Chidambaram addressed the 32nd annual conference of International Organisation of Securities Commissions (IOSCO) at Mumbai today.

The minister said that Securities and Exchange Board of India (SEBI) has the honour to host the 32nd Annual Conference of the International Organisation of Securities Commissions (IOSCO). He welcomed the delegates and congratulated SEBI and its chairman for the excellent arrangements made for the conference.

Mr.Chidambaram appreciated the efforts of SEBI and its measures to make the securities market in India better regulated, more efficient and generally safer. He said that the Indian Securities market has many 'firsts' to its credit including the first demutualised stock exchange, to use satellite based communication technology for securities transactions, to implement T+2 rolling settlement.

Source : Press Information Bureau

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