The Securities and Exchange Board of India (SEBI) will focus on improving the quality of intermediaries in 2004-05 and form a task force to recommend improvements in their infrastructure, including skills to prepare the market for handling large trading volumes in proposed T+1 settlement mode. ‘‘The market regulator will aim to improve quality of issues (offerings) and intermediaries in the current financial year,’’ Sebi chairman G N Bajpai said. SEBI top brass have held detailed discussions on its agenda for 2004-05, he said. —(PTI)
