Regulations alone can't save you if you don't protect yourself: BSE CEO

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Regulations alone can't save you if you don't protect yourself: BSE CEO - Business Standard

Quick Summary:

Stressing the need for investor awareness and responsibility, BSE Managing Director and CEO Sundararaman Ramamurthy on Thursday said that regulations alone cannot protect investors if they do not take adequate precautions while investing.

On regulatory expectations, the BSE chief remarked that there is a general perception that regulators are blamed when investors lose money, but when markets do well the same person praise their own knowledge.

He criticised the tendency of investors to rely on hearsay rather than due diligence.