23 February 2011

Strengthening surveillance

I have a piece in the Financial Express yesterday with a colleague on SEBI's recent technological improvements in its surveillance system. The last line captures the spirit of the piece:

With the introduction of DWBIS, the scope of surveillance will widen and are likely to unearth smarter manipulators, provided the concerns identified above are addressed. The new system should act as an ECG, but imagining that a good doctor is no longer required would create a false sense of security.

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