New Delhi, Jan. 27 -- The Union Ministry of Finance has started the search for a new chairman to head the Securities and Exchange Board of India (SEBI) as the tenure of incumbent Madhabi Puri Buch ends on February 28. The Finance Ministry's newspaper advertisements appeared on Monday inviting applications from qualified candidates for the appointment to the top post at the capital markets regulator. The ad, titled 'Filling up the post of Chairman in Securities and Exchange Board of India' invites applications from eligible candidates for the post of SEBI Chairperson in Mumbai.

"The appointment shall be made for a maximum period of five years from the date of assumption of charge or till attaining the age of 65 years of the appointee, whi...