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Founder Pavel Durov says tech is meant to set you free Anastasia Vlasova/Getty Images "He has kind of an old-school cyber-libertarian world view where technology is there to set you free," Mar茅chal said. In this regard, Sebi collaborated with the Telecom Regulatory Authority of India (TRAI) to reduce the vulnerability of the securities market to manipulation through misuse of mass communication medium like bulk SMS. And indeed, volatility has been a hallmark of the market environment so far in 2022, with the S&P 500 still down more than 10% for the year-to-date after first sliding into a correction last month. The CBOE Volatility Index, or VIX, has held at a lofty level of more than 30.
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