The
SEBI, that is, the Securities and the Exchange Board of India, is the
national regulatory body for the Indian securities market, set up
under the securities and Exchange Board of India act, 1992, to
“protect the interest of investors in securities and to promote the
development of, and to regulate the securities market and for matters
connected therewith and incidental too.”
SEBI as the watchdog of the security market industry in
India, has an important and crucial role in the market in ensuring
that the market participants perform their duties in accordance with
the regulatory norms.
Role of regulator(SEBI) in Indian securities market:
- Regulation of Stock Exchanges and other securities markets.
- Regulation of Business in the Stock Exchanges
- Registration and Regulation of the working of Intermediaries
- Registration and Regulation of Mutual Funds, Venture Capital Funds & Collective Investment Schemes
- Promoting & regulating self regulatory organisations
- Prohibiting fraudulent and unfair trade practices in the securities market.
- Prohibition of insider trading.
- Investor education and the training of intermediaries
- Inspection and inquiries
- Regulating substantial acquisition of shares and take-overs
- Promoting investor's education
- Training of intermediaries
- Conducting research and publishing information useful to all market participants.
- Promotion of fair practices
