What is SEBI ? (Security exchange board of India) (Introduction, Objectives, Organisation and power and functions of SEBI)

What is SEBI ? (Security exchange board of India) 

(Introduction, Objectives, Organisation and power and functions of SEBI)

What is SEBI ?

Introduction of SEBI :-

SEBI stands for Securities exchange board of India. It is statutory and regulatory body of Indian capital market. It was established in April 1988 and set up with statutory powers on 21st February 1992. 

Objectives of SEBI :- 

1. To protect the interest of investors in Securities.

2. To promote the development of securities market.

3. To regulate the securities market.

4. To deal with the matter connected there with a incidental thereto.

Organisation of SEBI :-

1. Chairman appointed by the government. 

2. Two members from amongst officials of the ministry of finance and administration. 

3. One members nominated by RBI. 

4. Five members full time nominated by government. 

Powers and functions of SEBI :-

1. Regulating the business minister of exchanges. 

2. Registering and regulating the working of stock brokers, sub brokers share transfer agent, Bankers to the issue etc.

3. Promoting investors education. 

4. Inside a trading in securities. 

5. Investigate any personnel dealing in securities.