INTRODUCTION
The Security and Exchange Board of India (SEBI) was constituted in 1988 under a resolution of the government of India. Thereafter, it was made a statutory body of the securities and exchange board of India act 1992. The center has given to SEBI most of its power under the securities contracts (Regulation) act 1956 to ensure more effective protection of interests of the investors and to create an efficient and well-regulated stock market. The powers of SEBI have been further wideninged under the securities law (amended) ordinance, 1995 which has amended the SEBI Act,1992 and securities contracts (regulation) act, 1956. The head office of SEBI is situated in Mumbai. Regional offices are at Delhi, Kolkata and Chennai.
OBJECTIVES OF SEBI
The main objectives of SEBI are given below
Protect the interest of investors: - SEBI was mainly set up to protect the interest of investors. The companies sometimes mislead the investors by giving them false investors and they make the wrong investment decision. SEBI aims at providing the true and fair position of companies to investment. So, that they are able to make the proper decision.
Promotion and development of securities market: - SEBI aims at promoting health to securities market in India. It regulates stock market exchange markets to promote proper functioning.
Regulation securities market: - SEBI was established to regulate the working of security markets, stock exchange, brokers, intermediaries etc.
Mobilization and allocation of the resource: - It helps in mobilization and allocation of the resource through the securities market. It promotes healthy competition in the market and also guides for the meaningful use of funds.
Providing facility to intermediaries: - A number of intermediaries operate in the securities market for facilitating transactions. The intermediaries are encouraged for providing clean services to investors. They are also provided necessary information infrastructure. So that they provide good services to investors.
The Security and Exchange Board of India (SEBI) was constituted in 1988 under a resolution of the government of India. Thereafter, it was made a statutory body of the securities and exchange board of India act 1992. The center has given to SEBI most of its power under the securities contracts (Regulation) act 1956 to ensure more effective protection of interests of the investors and to create an efficient and well-regulated stock market. The powers of SEBI have been further wideninged under the securities law (amended) ordinance, 1995 which has amended the SEBI Act,1992 and securities contracts (regulation) act, 1956. The head office of SEBI is situated in Mumbai. Regional offices are at Delhi, Kolkata and Chennai.
OBJECTIVES OF SEBI
The main objectives of SEBI are given below
Protect the interest of investors: - SEBI was mainly set up to protect the interest of investors. The companies sometimes mislead the investors by giving them false investors and they make the wrong investment decision. SEBI aims at providing the true and fair position of companies to investment. So, that they are able to make the proper decision.
Promotion and development of securities market: - SEBI aims at promoting health to securities market in India. It regulates stock market exchange markets to promote proper functioning.
Regulation securities market: - SEBI was established to regulate the working of security markets, stock exchange, brokers, intermediaries etc.
Mobilization and allocation of the resource: - It helps in mobilization and allocation of the resource through the securities market. It promotes healthy competition in the market and also guides for the meaningful use of funds.
Providing facility to intermediaries: - A number of intermediaries operate in the securities market for facilitating transactions. The intermediaries are encouraged for providing clean services to investors. They are also provided necessary information infrastructure. So that they provide good services to investors.
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