Report of the Committee on Forward Trading in Securities – Shri J J Anjaria
The J. J. Anjaria committee was established by Ministry of Finance, Department of Economic Affairs, Government of India, to assess the necessity of forward trading in securities, and suggesting measures for preventing market abuse. The committee concluded that forward trading is necessary for activating the capital market, especially given India's narrow market size. To curb abuse and manipulation, they recommended new margin regulations and minimum brokerage to prevent excessive business volume and prevent manipulators from profiting from price movements.
