Government Cuts Down SEBI Chief Ajay Tyagi’s Tenure by Two Years

SEBI Chairman Ajay Tyagi’s tenure has been cut down from five years, to three.

• Govt cuts tenure of Security and Exchange Board (SEBI) Chairman-designate Ajay Tyagi to three years.
• It was initially supposed to be a five year term, but has now been cut down by two years.
• Tyagi will be replacing U K Sinha, who will finish his term on March 1, 2017.