The open letter on the MAPIN ID should serve as an eye-opener for SEBI. But going by history it will just get rubbished/ignored. By the way , who is earning out of this biometric ID? Has this technology been certified and is it being used in such commerical transactions anywhere else? People with black money are buying properties worth crores of rupees without any such certification then why can't shares be bought? I am very confident somebody is making big money out of this racket.