Markets are complex, any arrogant regulator doomed to fail: Buch

SEBI Chairperson Madhabi Puri Buch said current markets are so complex that any arrogant regulator who believes they understand every nuance is "doomed to failure". "Co-creation is not us being generous, it's about being sensible," she stated. "In today's world of complexity, unless you co-create, you're going to land up with terrible regulations," she added.

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