Explain the following concept: Securities and Exchange Board of India (SEBI)
Explain the following concept:
Securities and Exchange Board of India (SEBI)
5 views
1 Answers
- SEBI was established in 1992 as a statutory body to regulate the Securities Market in India.
- Its head office is in Mumbai.
- It supervises and controls the operations of Stock Exchanges, Companies issuing securities, and other intermediaries like Underwriters, Merchant Bankers, Brokers, etc.
- It protects and safeguards the interest of the investors in the security market.
- The main objective is to regulate the functioning of securities markets and stock exchanges.
- It develops a code of conduct for fair practices by intermediaries.
5 views
Answered