Gandhi’s remarks follow the findings of a recent SEBI study, which painted a grim picture of the state of retail participation in Futures & Options (F&O) trading.

Senior Congress leader Rahul Gandhi said on Tuesday, September 24, that capital markets regulator Securities and Exchange Board of India (SEBI) must reveal the names of the ‘big players’ who have been making profits at the expense of small retail investors.

Rahul Gandhi demands naming of big players profiteering as SEBI study reveals 91% of individual F&O traders lost money

SEBI said that the information that is already in the depositories' CAF module accounts for up to 45% of the number of fields present, and the rest is unique information.

On Monday, September 24, SEBI released a consultation paper on 'Simplified registration for Foreign Portfolio Investors (FPIs)' and invited feedback from stakeholders and the public by October 15. SEBI noted that some relevant information for certain categories of FPI applicants is already captured in Depositories' Common Application Form (CAF) module,

In case of onboarding applicants belonging to certain categories, Sebi has proposed an abridged version of CAF having only those fields that are unique to such applicants should be used.