POWERS AND FUNCTIONS OF SEBI

SEBI stands for Security Exchange Board of India. SEBI was established in 1988. Subsequently was given existence thorough constitutional validity on 30^th January 1992. By the government of India bypassing SEBI Act, 1992 in the parliament of India.

SEBI plays an important role in creating a balance in the day-to-day stock exchange market activities. It tries to protect the interest of investors and aims at developing the capital markets by enforcing various rules and regulations.

There are 17 exchanges incorporated in India including BSE and NSE are regulated by the SEBI guidelines. The headquarters of SEBI is in Bandra Kurla Complex, Mumbai.

POWERS OF SEBI

• Quasi-Judicial
• Quasi – Executive
• Quasi – legislative

QUASI – JUDICIAL

All the matters related to frauds and other unethical practices in terms of the security market. This helps to maintain transparency, fairness, and accountability in the market. It has the authority to protect.

QUASI – EXECUTIVE

It has the authority to implement the regulations and judgments made by quasi-judicial. It has the authority to check the books of accounts and other documents of the company.

QUASI – LEGISLATIVE

It reserves the right to frame rules and regulations to protect the interest of investors. Few of the regulations consist of insider trading regulations, listing obligations, and disclosure requirements.

FUNCTIONS OF SECURITY EXCHANGE BOARD OF INDIA

1. Primary Market – SEBI is primarily set up to protect the interest of investors in the securities market.
2. Provides a Platform - SEBI provides a platform to brokers, sub-brokers, bankers, merchant bankers, registrars, advisers, investment advisers, trustees of trust deeds, etc.
3. Regulates – SEBI regulates operations of participants, depositors, foreign portfolio investors, underwriters, and other people associate to register and regulate work.
4. Disclosure – standards are not limited to accounting information but were extended to other issues related to communications such as advertisements.
5. Settlement systems – SEBI helps to regulate the market by creating harmony between investors and the market.
6. Market integrity –

• Help in developing the capital market.
• To protect the interest of the investors, bring companies and organizations under its regulations.
• To curtail unethical and insider trading’s,
• Registration of mutual funds and SIPs i.e., Systematic Investment Plans and all such funds with laid down rules and regulations of mutual funds and SIPs.

7. Monitors – SEBI monitors the acquisition of shares and takeovers of companies.

This Article Does Not Intend To Hurt The Sentiments Of Any Individual Community, Sect, Or Religion Etcetera. This Article Is Based Purely On The Authors Personal Views And Opinions In The Exercise Of The Fundamental Right Guaranteed Under Article 19(1)(A) And Other Related Laws Being Force In India, For The Time Being. Further, despite all efforts that have been made to ensure the accuracy and correctness of the information published, White Code Legal and Tax shall not be responsible for any errors caused due to human error or otherwise.