Sebi resolves over 4,400 complaints via Scores in May

NEW DELHI: Capital markets regulator Sebi resolved 4,493 investor complaints through its online grievance redressal platform Scores in May. The regulator received 4,793 fresh complaints and a total of 4,563 complaints remained unresolved at the end of the month, slightly higher than the 4,263 complaints that were pending as of April 30, Sebi said. The regulator also highlighted that the average resolution time taken by the entities to submit the action taken reports (ATRs) in May was eight days, while the average time taken for complaints under first level review was five days.