Free Press Journal
  • Sebi to seek power to intercept calls, messages of serious economic offenders

    New Delhi: To bolster its evidence-gathering mechanism, watchdog Sebi is considering seeking powers from the government to intercept calls and electronic communications of those suspected of serious economic offences like insider trading. Acting on recommendations made by a high-powered committee on fair market conduct, the capital markets regulator has prepared a proposal for its board to seek these powers by making necessary amendments in the concerned laws and regulations, a senior official said.