In your interest.
Online Personal Finance Magazine
No beating about the bush.
Policy decisions by the stock market regulator are usually the result of lobbying by specific groups or intermediaries or the result of a volley of investor complaints. The usual procedure is to prepare a note, put it before the primary or secondary market advisory committee, then seek public comment on the distilled wisdom that is obtained and then frame the rules. Even this is not foolproof....
Financial Literacy is as much a buzzword today as Good Governance used to be in the late 1990s and again in 2001 when corporate scandals and vanishing companies had disillusioned investors and the primary market lay dormant for a long period. Unfortunately, the rhetoric about financial literacy is not backed by any understanding or effort to address the issues that affect investors or...