Stock market rigging: NSE wants tip-offs from investors
2 Dec 2014 12:53 AM GMT
Taking an innovative route to catch rogue elements in the stock market, leading bourse NSE wants investors and general public to provide its surveillance department with any tip-offs they may have about cases of share price rigging, insider frauds and other violations.
Such tip-offs can be provided through phone using the toll-free number or via email and they will be kept confidential, while anonymous complaints can also be submitted for further probe by the relevant departments of the exchange.
The National Stock Exchange (NSE) has created a special section on its website for this purpose, which the exchange said "intends to invite information and tips on violations/ manipulations that may
adversely affect the market quality and integrity".
"NSE treats all tips and information received under this section as confidential and does not disclose such information to anyone, unless required by statute, regulation, or court of law," the exchange added.
Such tip-offs can be provided through phone using the toll-free number or via email and they will be kept confidential, while anonymous complaints can also be submitted for further probe by the relevant departments of the exchange.
The National Stock Exchange (NSE) has created a special section on its website for this purpose, which the exchange said "intends to invite information and tips on violations/ manipulations that may
adversely affect the market quality and integrity".
"NSE treats all tips and information received under this section as confidential and does not disclose such information to anyone, unless required by statute, regulation, or court of law," the exchange added.
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