Security Exchange

Board of India
Business Environment
Dheeraj sirvi SEC-B
Roll No.:-179
SECURITY EXCHANGE BOARD OF
INDIA
The Securities and Exchange Board of India
was established on April 12, 1992 in
accordance with the provisions of the
Securities and ExchangeBoard of India
Act, 1992.
Its main function is to stop fraudulent
activities of stock market.
 SEBI INTRODUCTION

Formed: 12 April, 1992

Jurisdiction: Government of India
Headquarters: Mumbai, Maharashtra
Employees: 525 (in 2009)
Website: www.sebi.gov.in
 HISTORY OF SEBI

 Initially SEBI was a non statutory body without any statutory power.
 However in 1995, the SEBI was given additional statutory power by the Government
of India through an amendment to the securities andExchange Board of India Act
1992.
 In April, 1998 the SEBI was constituted as the regulator of capital market in India
under are solutions of the Government of India.
 FUNCTIONS OF SEBI

 Regulating the business in stock exchanges and any other securities markets,
 Registering and regulating the working of stockbrokers, sub-brokers, share transfer agent’s, banker’s to an
issue, trustees of trust deeds , registration issue, merchant bankers , portfolio managers, investment advisers.
 Prohibiting fraudulent and unfair trade practices relating to securities markets.
 The duty of the Board to protect the interests of investors in securities and to regulate the securities market.
 Board have some powers as issuing commissions for the examination of witnesses or documents.
 RESPONSIBILITIES OF SEBI

The issuers of securities

The investors
The market intermediaries
SEBI has three functions rolled into one body:
quasi-legislative, quasi-judicial and quasi-executive.