News:Securities and Exchange Board of India(SEBI) has launched SCORES mobile application for lodging investor grievances.
About the app:
- SCORES stands for Sebi Complaints Redress System (SCORES).Its web portal was launched in the year 2011.
- The platform allows investors to lodge their complaints online with SEBI pertaining to securities market against listed companies, SEBI registered intermediaries and SEBI recognised market infrastructure institutions.
- Securities and Exchange Board of India (SEBI) was established in 1992 in accordance with the provisions of the Securities and Exchange Board of India Act,1992 (SEBI Act).
- The basic functions of the SEBI is to protect the interests of investors in securities and to promote and regulate the securities market.