The Securities and Exchange Board of India (SEBI) is considering new measures to protect small investors in the futures and options (F&O) market. A SEBI panel has proposed increasing the minimum lot size of derivative contracts from the current Rs 5 lakh to Rs 20-30 lakh. Additionally, the panel recommends restricting weekly options to only one expiry per stock exchange per week. These measures are part of seven proposals aimed at reducing volatility and mitigating risks for retail investors. The proposals are expected to be discussed by SEBI's committee next week.