The Securities and Exchange Board of India was established on
PREAMBLE
The Preamble of the Securities and Exchange Board of India describes the basic functions of the Securities and Exchange Board of India as
“…..to protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incidental thereto”
Composition of Securities Appellate Tribunal (SAT):Justice N K Sodhi Presiding Officer Shri Samar Ray Member
It is called India's market watchdog.