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I won’t mince words - SEBI’s new move is a scary surrender to foreign investors. It’s has pushed for what’s equivalent to a "diplomatic passport" for a huge chunk of Foreign Portfolio Investors (FPIs) - Almost 70% of all FPIs investing in India. In simple terms, an automatic, fast-track entry into our markets - with reduced compliance and disclosure norms. This is just so sad. .. The official reason? To improve 'Ease of Doing Business'. To attract more foreign capital by cutting red tape. A noble goal on the surface. - But I call it a surrender because this plan is a massive gift to money launderers - It creates a superhighway for round-tripping. Illicit money flows out of India, gets cleaned in a tax haven like Mauritius or the Caymans, and then comes right back in disguised as legitimate FPI investment .. The entire system is based on trust. Trusting that a fund is "appropriately regulated" in its home country. This is WILDLY naive. It outsources our financial security to foreign regulators whose standards are often a joke. The core issue has always been identifying the Ultimate Beneficial Owner (UBO). The real person pulling the strings. This proposal basically gives up on finding them. .. We don't need to guess the risks. We just lived through so many such cases, where allegations have been raised that Indian billionaires route black money to foreign nations and then bring it back to invest in their own companies' shares via opaque FPIs, which helps reduce the trading float, and artificially boosts the demand and scarcity for the shares. - To this day, SEBI has struggled to definitively pierce the corporate veil and find the TRUE owners of those funds. The system is ALREADY failing - And the proposed solution is to weaken it further? To give a "diplomatic" free pass to the very types of entities that caused this market earthquake? It’s MADNESS. .. This automatic window called SWAGAT-FI makes it even easier for shady promoters to use friendly FPIs to hoard their own stock, reduce the real public float, and manipulate prices at will. We are trading market integrity for the illusion of attracting capital. It’s a fool's bargain. And, this isn't a red carpet for investors - it's a passport for financial crime. And with that, I open the floor to “ANTI-NATIONAL” tags and attacks. Thanks!