Market Regulation Department (MRD)

The Market Regulation Department (MRD) is responsible for formulation of policy and supervision of functioning and operations of Market Infrastructure Institutions (MIIs)such as, Stock Exchanges, Depositories and Clearing Corporations. MRD consists of the following divisions:

1. Division of Policy (DoP)

2. Division of SRO Administration (DSA)

3. Division of Risk Management and New Products (DRMNP)

4. Division of Market supervision (DMS)

5. Investor Complaints Cell (ICC)