11751 - Aadhaar may become the gatekeeper to Dalal Street soon - Economic Times

Aadhaar may become the gatekeeper to Dalal Street soon

By Nishanth Vasudevan, ET Bureau|

MUMBAI: Aadhaar may soon become mandatory for buying shares and mutual funds. The government and the Securities and Exchange Board of India (Sebi) are planning to link Aadhaar to financial market transactions to try and curb sharp practices such as conversion of black money into white through the stock market. 

Two people familiar with the development said the government has realised that  .. 

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