Bombay Stock Exchange Enquiry Committee (Atlay Committee)
The Committee was constituted by Government of Bombay in 1923 under the chairmanship Sir Wilfrid Atlay to enquire into the constitution, customs, rules, regulations and methods of business of the Native Share and Stock Brokers’ Association of Bombay with a view to protecting the investors and formulating future proposals. The Committee found that the Native Share and Stock Brokers’ Association of Bombay was a voluntary association with over 400 members, primarily focused on protecting member interests and providing a market for buying and selling stocks and securities, with rules and regulations regularly updated.
