Additionally, according to Buch, a sizable portion of household savings are being invested in unproductive businesses.
In a board meeting on June 27, Madhabi Puri Buch, the chairwoman of the Securities and Exchange Board of India (Sebi), announced the formation of an expert working committee to examine F&O trading from three perspectives: one of segment development, two of investor protection, and three of risk management. The chairperson addressed the issues surrounding F&O trading by stating, “The capital market ecosystem itself carries a systemic risk. Does the possibility of a black-swan occurrence exist? We believe that we are comparatively well-protected. However, there’s always space for development.”
Other than conjecture, there is no nature.” This came about as a result of a report released by Sebi stating that 90% of traders in foreign exchange lose money. She continued, “The question is what needs to be done for investor protection, particularly since we have heard of people borrowing money for this speculative activity.”
