22 March 2009

Derivatives markets committee - kosher date?

SEBI has today put up the final report of the committee constituted under the Chairmanship of M Rammohan Rao to review the derivatives market. Though I have not read it, there is something very curious about it. It is not dated, though it indicates the report is of December 2008. Why put up a December report in March, or is SEBI trying to distance itself from the committee chairman by dating it before the Satyam fiasco and fraud unraveling?

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