Minutes of the Meetings

SEBI AND THE INDIAN SECURITIES MARKET

 Mr. Kunal Kishore Bharti (Manager) took our seminar, introduced himself and all the students also
introduced themselves
 SEBI- Securities Exchange Board of India
 Head office- Mumbai, formed on 12 April, 1992
 Tagline- “Har Investor ki Taaqat”
 4 regional offices- Ahmedabad, Chennai, Delhi, Kolkata
 12-14 local offices across the country
 SEBI- Autonomous body, comes under Ministry of Finance, regulates the capital market, takes care of the
investors
 Has a goal to create a nation of enlightened investors, knowledgeable investment decisions
 SEBI works with listed companies only
 Do not flow with market sentiments, pongy schemes
 Each year vacancy in SEBI, one can give exam and work here
 SEBI employees cannot deal in shares and debentures as they might know confidential data
 A PPT was shown

 Regulators of Financial Sector- IRDAI, RBI, PFRDA, NFRA

 Mandate of SBI- Just like Preamble –

1) Protection of interests of investors
2) Regulation securities market
3) Development of securities market

 SEBI Powers
1) Quasi Legislative- framing rules
2) Quasi Executive- Implementing rules
3) Quasi Judicial- Gives judgements

 Players in SEBI – Issuers, Intermediaries, Investors

 Products
1) Equity- Shares, Derivatives
2) Debt- Govt securities, bonds, debentures
3) Participants- stock exchange and broker, depository participants and depositories, Merchant Bankers

 Trading in Securities Market

 Savings account, demat account, registered broker….
 Talked about Primary Market and Secondary Market
 Talked about Mutual funds- safer, but slow
 Spoke about Frauds that happen- Trade base manipulation, Information based manipulation, insider
training, Pongy Schemes, Dabba Training, Harshad Mehta case, Sharda chit fund, etc.
 Spoke about Grievance redressal, toll free number- active 24/7
 Talked about Saarthi app, Scores, Resource Person, SMART and COTS
 Played informational videos
 Provided us with snacks
 We clicked pictures in front of the reception :p