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Sebi reconstitutes intermediary advisory committee
The Securities and Exchange Board of India (SEBI) has reconstituted its intermediary advisory committee including new members such as Nithin Kamath, founder and CEO of Zerodha Broking and Lalit Keshre, CEO of Groww. The committee is responsible for advising on market safety, efficiency, and transparency, as well as changes in the legal framework to enhance simplification and transparency in the systems and procedures of market intermediaries. The committee, chaired by S Ravindran Jain, will also advise SEBI on the use of technology and cyber security by intermediaries.