Hit topic for P.T. 2012

The Bimal Jalam committee’s suggestions on the working and ownership norms of market infrastructure institutions (MIIs) including stock exchanges The committee, which was appointed by the capital market regulator SEBI, had allowed listing by stock exchanges, putting a cap on their profits and fixing their executive remunerations, as part of its suggestions. In its recommendations submitted in November, the committee suggested that SEBI should oversee the profits made by stock exchanges and recommended a diversified shareholding structure for bourses