The Central Information Commission's (CIS) decision to bring stock exchanges within the purview of RTI Act will keep the bourses on high alert and ensure that necessary information is made available to public in cases of manipulation by operators, feel experts.
"The RTI Act will ensure that stock exchanges reveal information to investors on suspected cases of manipulation," investment consultant Prime Database's Managing Director Prithvi Haldea told.
However, he added, the decision of the CIC would not cut much ice as enough transparency is available in working of the stock exchanges since their corporatisation.
Read more in The DNA Money article.
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