Investor protection

Major responsibility of SEBI is protection of investors. For any new issue the following guidelines are provided:The issuing company should provide fair and correct information Allotment process should be transparent and not bias The prospectus should disclosure full and fair information No delay in refund or dispatch of share certificates All risk factors should be clearly stated Listing should be proper and timely The investor protection is to be ensured not only by company but also merchant bankers ,registrars ,collecting bankers SEBI has appointed representatives to supervise allotment so that no malpractice takes place