Will SEBI have new Chief ?

It seems that the Government is in search of a new Securities and Exchange Board of India (Sebi) Chairman. The Government has now issued an advertisement  for the post  putting to rest speculation about the  reappointment of Ajay Tyagi as SEBI Chief  whose term is  coming to an end next month. The chairman will be appointed on the recommendation of the Financial Sector Regulatory Appointments Committee (FSRAC).