MUMBAI: The Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey on Tuesday said that financial intermediaries, including stockbrokers, must ensure clean, auditable books and a culture of transparency to earn investors' trust.

Addressing the 'Morningstar Investment Conference India 2025' here, the SEBI chief said, "Today's investors expect not just access to the market, but access on fair terms, that gains transparency in dealings, transaction execution, and payouts.”

“The strongest and most respected firms will be those that see compliance not as a ceiling, but as a foundation. Building upon it should be a culture of integrity, resilience and transparency that earns investor trust every day,” he remarked.

He further stated that there was a need for stronger compli

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