Sebi Chairperson proposes enabling staff to donate through Social Stock Exchange.
Sebi Chairperson Madhabi Puri Buch announced that the regulator's board will consider a proposal to enable staff to donate money for social causes through the Social Stock Exchange (SSE). Currently, SEBI personnel are not allowed to invest in securities. The proposed zero-coupon, zero-principal bonds will allow employees to donate to non-profit organizations listed on the SSE. This move aims to increase the donor base, volunteer base, and access to funds for the social sector.
March 14, 2024
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