GS Paper 3
Syllabus: Indian economy and related issues
Source: TH
Context: The SC asked the SEBI and the government about the existing regulatory framework in place to protect Indian middle-class investors.
Background:
- This comes after the Adani Group was accused of stock manipulation and accounting fraud by the American firm Hindenburg Research.
- Earlier, a number of small investors lost lakhs of crores due to rapid market volatility following a collapse in the value of the shares of the Adani Group.
Investor protection measures by the SEBI:
- Investor Education and Protection Fund (IEPF)
- Investor Protection Fund (IPF)
- Investor Awareness Programme
- Simplification of Share Transfer and Allotment Procedure, etc
