I recently joined Soulaima Gourani on The Saturday Salon for a wide ranging conversation on securities regulation, insider trading and the invisible plumbing that keeps financial markets running.
We spoke about why the information hierarchy in markets, from corporate management down to the retail investor, can never be fully flattened, and why good regulation focuses on compressing the time lag rather than trying to eliminate the gap altogether. We also discussed why insider trading is so difficult to prove, the circumstantial evidence regulators rely on, and India's transition over the past decade from a tightly controlled economy to a predictable, disclosure based market that has helped keep talent at home and pushed market capitalisation past GDP.
The conversation also touches on my book, Fraud, Manipulation and Insider Trading in the Indian Securities Markets, now in its fifth edition, and on my early years at SEBI.
Podcast on Apple
No comments:
Post a Comment