Thursday, July 23, 2009

ROLE OF SEBI

SEBI is the security exchange board of India established in 1992. there was a long felt to monitor the working of securities market in order to protect the interest of investor. accordingly the government of India set up a body called securities and exchange board of India in April 1988.

however the real beginning of SEBI started in 1992 when the SEBI act 1992 was passed in 1992 and assented by the president of India.

objective of SEBI:

1. objectives towards the investor - to protect their interest.

2. objective towards capital issuers - to create a good environment for raising funds.

3. objectives towards intermediaries - to generate professionalism i their activities.



ROLE AND FUNCTION OF SEBI:

1. protection of investor;s interest

2. guidelines of capital issue

3.regulates of working of mutual funds:

4. regulates merchant banking services:

5. regulated stock brokers activities:

6.portfolio management :

7. restriction on insider trading:

8. regulates take - over and merger:

9. research and publicity :

10. materialization of shares:

11. rolling settlements:

12. conduct the inspection, inquiry and audits of stock exchange and intermediary and self regulatory organization in securities market.

13. prohibits fraudulent and unfair trade practices relating ti securities market.

14. promotes the investor education and also training of intermediaries in securities market.



Brijesh Mishra
brijeshmishra49@gmail.com

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