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Sebi to start training institute for investors

Sebi to start training institute for investors
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First Published: Tue, Aug 28 2007. 12 22 PM IST
Updated: Tue, Aug 28 2007. 12 22 PM IST
PTI
Coimbatore: Market regulator Securities and Exchange Board of India (Sebi) is setting up a dedicated training and research institute to train investors and other stakeholders in securities market.
The institute, to be set up near Mumbai, would have six different schools which would train the investors and explain to them various facets of the capital market, Sebi chairman M Damodaran said on 27 August.
“This institute will be the first of its kind in the world, run by a regulator,” he said.
The institute would have different academic programmes, including a Ph.D in capital markets, Damodaran said.
He said 60% of the facultly members would be drawn from India and Sebi has tied up with some experts in the US and the UK, who would mould the investors ‘to work in a healthy market.´
Construction activities for the institute would soon commence.
Sebi would also hold seminars to update journalists, particularly deskpersons of financial newspapers, on the happenings in the capital markets, he said.
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First Published: Tue, Aug 28 2007. 12 22 PM IST