Mumbai, Feb. 20 -- Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey on Friday reiterated SEBI's philosophy of "optimum regulation," balancing innovation with market integrity and investor protection. He warned that cyber fraud is likely to increase with digital adoption and urged investors to remain vigilant, particularly safeguarding senior citizens.

"We are guided by the philosophy of optimum regulation. We want the innovation and market development to flourish, but not at the cost of market integrity or your protection. Cyber fraud will continue to increase as digital channels become more influential. We will continue our relentless efforts to combat these frauds through technology, tightening processes, and s...