ESTABLISHMENT OF SEBI
The Securities and Exchange Board of India was established on April 12, 1992 in accordance with the provisions of the Securities and Exchange Board of India Act, 1992.
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.
Objectives of SEBI:
As an important entity in the market it works with following objectives:
1. It tries to develop the securities market.
2. Promotes Investors Interest.
3. Makes rules and regulations for thesecurities market.
Functions Of SEBI:
Find below SEBI's important functions:
1. Regulates Capital Market
2. Checks Trading of securities.
3. Checks the malpractices in securities market.
4. It enhances investor's knowledge on market by providing education.
5. It regulates the stockbrokers and sub-brokers.
6. To promote Research and Investigation
SEBI In India's Capital Market:
SEBI from time to time have adopted many rules and regulations for enhancing the Indian capital market. The recent initiatives undertaken are as follows:
Sole Control on Brokers:
Under this rule every brokers and subbrokers have to get registration with SEBI and any stock exchange in India.
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