ABOUT SEBI
ABOUT SEBI
- Introduction: The Securities and Exchange Board of India (SEBI) is a statutory body established by the Parliament of India in 1992 to protect the interests of investors and to regulate and develop the Indian securities market.
- Key Functions: The main functions of SEBI include:
- Development of the Indian securities market
- Regulation of various intermediaries in the securities market
- Protection of the interests of investors
- Registration and Regulation: Intermediaries in the securities market, such as stock brokers, must be registered with SEBI and follow its rules, regulations, and guidelines to protect investors.
- Regulated Participants: SEBI regulates other participants in the capital market, including:
- Stock exchanges
- Brokers
- Depositories
- Depository participants
- Portfolio managers
- Merchant bankers
- Share transfer agents
- Mutual Funds: Mutual funds are governed by rules formulated by SEBI and must:
- Disclose details of the scheme
- Invest money as per the choice of investors
- Charge fees as mandated by SEBI
- Make periodic disclosures for the benefit of investors
- Investor Education and Grievance Redressal: SEBI educates investors and facilitates the redressal of their grievances, with more information available on their official website: www.sebi.gov.in.