Sebi may allow employees to donate on social stock exchange: Buch

Sebi chairperson Madhabi Puri Buch on Thursday said the regulator's board will consider a proposal for allowing staff to donate money for causes through the social stock exchange (SSE). Speaking at an event to mark the listing of first five non-profits on the newly created SSE, Buch said Sebi personnel are not allowed to invest in securities right now and they need to be allowed to participate in the upliftment of the disadvantaged people. "We are actually going to the Sebi board tomorrow to take permission for Sebi staff to be able to buy zero-coupon, zero-principal bonds because we are not permitted to buy securities," she said, adding she is hopeful of the proposal going through. Buch added that personally, she is very keen to support the cause for emancipation of girls. As per the Sebi website, nearly 1,000 people worked at the capital markets regulator as on March 2022. The 'zero-coupon, zero-principal' are instruments for donating money to non-profit organizations listed on t
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