Owing to the abysmal usage of the IPEF and issues surrounding it, a strong compensation mechanism is required to be set up, either giving express power to SEBI to direct compensation or creating a fund specifically for compensating affected investors due to the violation of any securities law.

There is still opportunity to prevent pump and dump schemes in the future.

The post examines an order granting relief of removal of a short seller's report and its relevance to the Indian securities market.