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 ...
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