The Indian Capital Market is at a tipping point.Instances of fraud, scams and mismanagement in India have resulted in erosion of confidence of small investors. The role of capital market regulators assumes even more significance. This study begins by tracing the genesis and growth of the Indian Capital Market. There are several questions presently facing the Indian Capital Market:What are the perceptions, preferences and worries of small investors in the capital market and to what extent are they satisfied? What role is being played by regulatory authorities in investor protection and...