SEBI Sets Up Advisory Committee under Madhabi Puri Buch to Recommend Policy on Market Data Access

Market regulator Securities and Exchange Board of India (SEBI) has constituted a Market Data Advisory Committee (MDAC), under its initiative to make shareable data on the Indian securities market, available for researchers, policy makers, general public alike and to enhance the quality of such data.
The standing committee would be headed by Madhabi Puri Buch, the whole time member (WTM) of SEBI.
It would be responsible to:
- recommend appropriate policy for access to securities market data,
- identify segment wise data perimeters, data needs and gaps,
- recommend data privacy and data access regulations applicable to market data.
The chief executives (CEOs) of stock exchanges and depositories, representatives of various stakeholders and senior officials of SEBI would be other members of the MDAC.