Sebi restructures expert panel on fair market conduct Regulator Sebi has reorganised its committee on 'fair market conduct' that advises it on measures to improve surveillance of markets and strengthen rules for algo trades. The fair market conduct committee is chaired by former law secretary T K Viswanathan. Besides Viswanathan, the panel consists of 14 members, including top executives of leading bourses NSE and BSE as well as government representatives. Members of the committee include BSE's Ashishkumar Chauhan; NSE's Vikram Limaye; Anup Bagchi, Executive Director of ICICI Bank; Kaku Nakhate, country head at Bank of America Merrill Lynch; KPMG Chairman and CEO Arun Kumar and HDFC Mutual Fund Managing Director Milind Barve. The Securities and Exchange Board of India (Sebi) had constituted this committee in August this year. The committee is mandated to suggest measures for improvement in PIT (Prohibition of Insider Trading) norms, PFTUP (Prohibitio