SEBI sets up committee to review ownership, economic structure of clearing corporations
New Delhi [India], June 4 (ANI): Financial market regulator SEBI has formed a committee to review the ownership and economic structure of clearing corporations and suggest measures to ensure that those entities function as resilient, independent, and neutral risk managers.
The ad-hoc committee will be chaired by Usha Thorat, who was a former Deputy Governor of the Reserve Bank of India (RBI).
The market regulator said giv