SEBI Looking To Strengthen Regional Presence To Boost Investor Protection, Careers

The Securities and Exchange Board of India is exploring strengthening its regional presence to enhance regulatory outreach and operational efficiency beyond Mumbai, NDTV Profit has learned through people in the know.

The move is supported by several SEBI staff members, who believe a focus on regional offices could provide more opportunities for career progression and reduce stagnation within the organisation, the people said.

As per one of the persons quoted above, there tends to be a stagnation in designations at the regulator and more vacancies that will arise through regional offices will likely help reduce it.

A key reason behind this shift is to enhance investor protection and education at the grassroots level, two people in the know told NDTV Profit.

By having a stronger presence in different parts of the country, particularly in tier-two cities, SEBI aims to build awareness around financial markets and ensure that retail investors are better informed, they said.

The move is also being driven by the need to proactively prevent frauds in smaller cities, where regulatory visibility has historically been limited, the people said.

A local presence would allow SEBI to respond more swiftly to market misconduct and build closer relationships with stakeholders, including intermediaries and state-level authorities, they added.

This decentralised approach is expected to make the organisation more agile, inclusive, and responsive, as India’s capital markets continue to expand, the people said.