What methods of increasing investor education is SEBI looking at?
It could be through the medium of Internet or otherwise, but you have to educate the investors. These are various issues under examination and consideration. We are planning to come out with certain standards of practice which anyone who wants to provide information on the Net has to follow. The idea is to have some set of standards for content providers. Putting up disclaimers is one of the ways. Also investor education through press, publications, seminars to let investors know more and more are being considered. People should not see information on the Net as sacrosanct. Checks and balances have to be there. Ultimately, Internet is only a medium. Core activities can be done physically or through phone or even fax. The use of Internet has come up only now, but the basic things remain the same. So the types of malpractices that happen in the physical world, can happen here also, but with a slight difference. This medium is fast, pervasive, anonymous and doesn’t believe in global bound
