SEBI seems to take orders from the Wall Street.It has recently brought two changes:-

1.Muni Bonds

2.GIFT ,a SEZ-based “offshore facility”.a clone of “city Of London”

the second has been brought in along with the first as the bankers may choose GIFT and similar SEZ offshore facilities for Jurisdiction,in case of Litigation,in Muni Bonds etc.

Muni Bonds may bankrupt many Municipalities.

The basic aim of the NDA at the centre and SEBI are making India immersed in debt,a trick of the bankers to bankrupt nations and gain control over them.

Will be updated…..