An overview on SEBI as a backbone to Capital Market in India.

1. SEBI- a backbone to Capital
Markets in India
Presented by
Rajat Kumar
Ashwin Aravind

2. Introduction
• SEBI is the regulator for the securities market in India.
• Headquartered in Mumbai, India
• Chairman- U.K.Sinha
• Came into existence in the year 1988 and statutory power was given in
1992 after Harshad Mehta case.
• Prior to 1992, SEBI had limited power and only act as a watch dog.

3. Functions of SEBI
• To protect the interests of the investors in
securities.
• To promote the development of the securities
market.
• To regulate the securities market.

4. Objectives of SEBI
• Protecting the interests of investors in securities
• Promoting the development of securities markets
• To regulate securities markets and for matters
thereto and for matters connected therewith or
incidental thereto

5. Role of SEBI
• Regulates Capital Market
• Checks trading of securities
• Checks for malpractices in the Securities market
• It enhances awareness about the market by educating investors
about the same: http://investor.sebi.gov.in/
• It regulates the business activities of the stockbrokers and sub-
brokers
• To promote research and investigation

6. Powers of SEBI
• To approve by-laws of stock exchanges.
• To require the stock exchange to amend their by-laws.
• Inspects the books of accounts and call for periodical returns from
recognized stock exchange.
• Inspects the books of accounts of financial intermediaries.
• Compel certain companies to list their shares in one or more stock
exchange.
• Registration of brokers.

7. SEBI in India’s Capital Markets
• Control on brokers
• For Underwriters
• For Share Prices
• For Mutual Funds

8. Committees
• Technical advisory committee
• Committee for review of structure of market infrastructure
institution
• Advisory committee for the SEBI investor protection and education
fund
• Takeover regulations advisory committee
• Primary market advisory committee
• Secondary market advisory committee
• Mutual fund advisory committee
• Corporate bonds and securitization advisory committee