TY - GEN AU - NAIR, C K G TI - Recommendations of the FSLRC: Redesigning the institutional framework for financial sector regulation PY - 2013/// KW - STOCK MARKET N2 - One of the important objectives of market regulation is behaviour modification of the players in the system. Given the large number of players, huge number of transactions and the high speed and frequency of activities in a deep and active market'order' or discipline in the markets cannot be achieved by means of the traditional approach of controls and administrative dictates. This is at the core of the philosophy of regulation enshrined by the FSLRC in its recommendations which tries tohost financial market regulation to a new trajectory ER -