SECURITIES EXCHANGE BOARD OF INDIA

ESTABLISHMENT
12th April 1988 Statutory recognition on 31stJanuary1992,by an ordinance of the president of India. Established as a surveillance body.

OBJECTIVES
Protect the interest of investors in securities. Promote the development of capital market by ensuring flow of savings in it. Promote development of the securities market with the reasonable regulation thereof.
Facilitates companies to raise their finances at minimum cost along with fair practices. Prohibit insider trading in securities.

OBJECTIVES
Restrict transactions pertaining to acquisition of shares &take over of companies. Impose monetary penalties on capital market intermediaries & other participants for a range of violations. Exercises the power as may be delegated to it by the government.

Functions of SEBI
Regulating the business in stock exchange and any other securities market Registering and regulating the workings of intermediaries associated with securities market

Functions of SEBI
Registering and regulating the working of collective investment schemes including mutual funds Promoting and regulating self-regulatory organizations

Functions of SEBI
Promoting investors education and training of intermediaries in securities market Prohibiting insiders trading in securities Regulating substantial acquisition of shares and take-over of companies

Functions of SEBI
Calling for information , undertaking inspection , conducting enquiries and audits of the stock exchanges , intermediaries and self-regulatory organizations in the securities market

Organization of SEBI

Departments Primary Mkt. dept. Issue Management. & Intermediaries Dept. Secondary Market. dept. Institutional Investors . Advisory Committees

SEBI Regulates
PrimaryMarket SecondaryMarket MutualFunds ForeignInstitutionalInvestment

DEVELOPMENTALFUNCTIONS
Promoting investors safety & education. Training of intermediaries. Promotion of fair practices. Dissemination of information collected through its own research

SEBI& PrimaryMarket
Measures undertaken by SEBI: Entry norms Promoters contribution Disclosure Book building Allocation of shares Market intermediaries

SEBI & Secondary Market

Reforms in the secondary market: Governing board Infrastructure Settlement & clearing Debt market Price stabilization

POWERS
Registration & regulation of business in stock exchanges & dealers therein. Registration & regulation of the working of collective investments scheme.

Promoting & regulating self-regulating organization.

POWERS
Promoting fraudulent & unfair trade practices. Promoting investors education & trading. Conducting of inspection of stock exchanges. Conducting research

ADVANTAGES
Fair deals to investors, informed choices &decision. Regulating malpractices of company management. Builds investors confidence in securities through efficient , orderly & clean markets.