Sebi is also planning to strengthen its manpower in the next fiscal, besides greater efforts towards training and skill building of existing staff members.

The regulator would also strengthen its Data Warehousing and Business Intelligence System (DWBIS), the project which has been initiated in phases to generate reports to identify, detect and investigate aberrations and market abuses that undermine market integrity.

In its budget proposals, Sebi also said that it is necessary for the intermediaries to maintain high levels of compliance with the stipulated norms.

In order to provide the services to the investors at their door step and to promote a balanced securities market, Sebi is also working on enhancing the physical proximity of Sebi offices to investors and intermediaries.

While ten new local offices are expected to be functional by the end of this month, six more local offices are proposed to be opened during the year 2013-14.

Enthused by a significant increase in receipt of grievances due to its mass media campaign in 2012-13, Sebi plans to further strengthen the campaign in next fiscal.

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