Sebi to frame rules for alternative investments
Entities promising hefty returns to gullible investors from 'offbeat' avenues like art, antiques and real estate may soon come under the scanner of Sebi, which is framing a new set of rules for 'alternative investments'.
Sebi will work on a new policy to annul erroneous trades, in the wake of last week's crash on NSE which had created a panic situation on bourses.