How to recommend an improvement to SEBI and Exchange if any loops holes are observed?

Is there any a place or standard procedure to be followed to recommend improvement if any loop holes are observed? Which may help protect investor?

SEBI website : http://www.sebi.gov.in/sebiweb/stpages/contact_us.jsp is where you can write. This in turn anyways gets forwarded to the exchanges. So you can put up your suggestion here.

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