Market regulator, SEBI has so far issued 154 attachment notices for recovering more than 1,545 crore rupees from defaulters after promulgation of the Securities Laws (Amendment) Ordinance, 2013. The market regulator is also in the process of ascertaining the amounts available in the bank accounts held by the respective defaulters. The Security Exchange Board of India (SEBI) has initiated nearly 200 attachment proceedings for recovery of investors' money and unpaid penalties from various defaulters. The ordinance has given SEBI direct powers to freeze bank accounts, attach properties, conduct search and seizure and initiate recovery proceedings.