INTRODUCTION SEBI – (Security Exchange Board of India) is a centrally controlled body that is

500 WordsApr 23, 20192 Pages
INTRODUCTION SEBI – (Security Exchange Board of India) is a centrally controlled body that is entrusted with the task of protecting the interest of investors, insecurities and promoting the growth of securities market by implementation suitable rules and norms. SEBI was given additional statutory power by the government of India through an amendment to the securities and exchange. Initially SEBI was a non statutory body without any statutory power. It was established on April 12,1992 in accordance with the provisions of the securities and exchange board of India Act, 1992. SEBI headquarters in Mumbai, Maharashtra. In April, 1998 the SEBI was constituted as the regulator of capital market in India under the resolution of…show more content…
 Registering and regulating the working of the depositories, participants, custodians of securities, foreign institutional investors, credit rating agencies and such other intermediaries as the board may, by notification, specify in this behalf.  Registering and regulating the working of venture capital funds and collective investment schemes including mutual funds;  Regulating substantial acquisition of shares and take-over of companies  Prohibiting fraudulent and unfair trade practices relating to securities markets.  Prohibiting insider trading in securities. 2. Development functions are:  Promoting and regulating self-regulatory organizations  Promoting investor education  Training of intermediaries of securities market. The Organizational Structure of SEBI 1. Chairman 2. Two members from amongst the officials of the ministries of the central government dealing with finance and the Law. 3. One member from amongst the officials of the Reserve Bank of India constituted under section 3 of the Reserve Bank of India Act, 1934 4.

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