SEBI

1. By – Pawan Singh Raikhola

2. The Security Exchange Board
of India was established in
1988 to regulate the function
of security market.
Granted as legal status on April
12, 1992.

3. SECURITIES AND EXCHANGE
BOARD OF INDIA ACT,1992
 An act to provide for the establishment of a
Board to protect the interests of investors in
securities and to promote the development
of, and to regulate, the securities market and
for matters connected therewith or
incidental thereto.

4. SECURITIES AND EXCHANGE
BOARD OF INDIA ACT,1992
 An act to provide for the establishment of a
Board to protect the interests of investors in
securities and to promote the development
of, and to regulate, the securities market and
for matters connected therewith or
incidental thereto.

5. Organisational structure
Formed – 12 April, 1992
Jurisdiction- Government of India
Working as corporate sector.
Head office- Mumbai
Employees- 643+(2012)
Branch office- Kolkata, Chennai, Delhi.
Also formed 2 advisory committees.

6. Objectives
Separate legal entity.
Act as a watch dog.
Develop the code of conduct.
Main purpose- to stop the malpractices,
and to increase the interest of
Insvestors.

7. Functions
1.Protective function-
 Check the price rigging
 Prohibited the insider training
 Prohibited fraud and unfair trade
practices
 Educate the investors

8. 2. Developmental function
Provide training to the
intermediates
Adopt the flexible approach.
- permits internet trading
- making underwriter optional.

9. 3. Regulatory function
Framed rules and regulation.
Framed code of conduct.
Conduct inquires and audit
stock market.