What is the main objective of Securities and Exchange Board of India?
The fundamental objective of SEBI is to safeguard the interest of all the parties involved in trading. It also regulates the functioning of the stock market. SEBI’s objectives are: To monitor the activities of the stock exchange.
What is the reason for the establishment of security and exchange board of India?
The Securities and Exchange Board of India was established as an interim administrative body on 12 April 1988 by the Government of India. ADVERTISEMENTS: Its main objective was to promote orderly and healthy growth of securities and to provide protection to the investors.
What is SEBI and its role?
SEBI is a statutory regulatory body established on the 12th of April, 1992. It monitors and regulates the Indian capital and securities market while ensuring to protect the interests of the investors, formulating regulations and guidelines.
Who is the regulator of securities markets in India?
The Securities and Exchange Board of India (SEBI) is the regulatory authority established under the SEBI Act 1992 and is the principal regulator for Stock Exchanges in India. SEBI’s primary functions include protecting investor interests, promoting and regulating the Indian securities markets.
When was the Securities and Exchange Board of India Act passed?
1992
It is the 15th Act of 1992. The Act provides for the establishment of Securities and Exchange Board of India following the Harshad Mehta scam….Securities and Exchange Board of India Act, 1992.
| The Securities and Exchange Board of India Act, 1992 | |
|---|---|
| Enacted by | Parliament of India |
| Enacted | 4 April 1992 |
| Commenced | 30 January 1992 |
| Status: In force |
How many SEBI offices are there in India?
SEBI regulates Indian financial market through its 20 departments. Regional offices (ROs).
Who owns SEBI?
Ministry of Finance , Government of India
The Securities and Exchange Board of India (SEBI) is the regulatory body for securities and commodity market in India under the jurisdiction of Ministry of Finance , Government of India.
When was Securities and Exchange Board of India Act passed?
Language
| Act ID: | 199215 |
|---|---|
| Act Number: | 15 |
| Enactment Date: | 1992-04-04 |
| Act Year: | 1992 |
| Short Title: | The Securities and Exchange Board of India Act, 1992 |
Who appointed SEBI Chairman?
According to the first notification issued on February 10, 2017, Tyagi, the then Additional Secretary (Investment) in Department of Economic Affairs, was appointed chairman of Sebi for a period not exceeding five years or till the age of 65 years or until further order, whichever is earlier.