What is the full form of SEBI?
SEBI Full Form is Securities and Exchange Board of India. SEBI is a regulatory body mandated by law to oversee the Indian capital markets. It controls and regulates the stock market and protects investor interests through the application of specific laws and regulations.
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SEBI was established on 12 April 1992 in accordance with the SEBI Act of 1992. In addition to its headquarters in Mumbai, India, SEBI has regional offices in New Delhi, Kolkata, Chennai, and Ahmedabad, as well as other local regional offices.
Objectives of SEBI
The prime objective of SEBI is
- Ensuring the orderly operation of the Indian capital market and providing investors with a transparent investment climate.
- SEBI was primarily established to prevent capital market fraud in India and promote capital market growth.
SEBI Structure
As with any business organization, SEBI has a hierarchical structure and consists of numerous departments led by their respective supervisors. Listed below are some of SEBI’s departments:
- The field of Information Technology.
- International Affairs Office
- National Securities Market Institute.
- Foreign Investors and Custodians of Portfolios.
- Human Resources Division
- Foreign Investors and Custodians of Portfolios.
- Department of Commodity and Derivative Market Regulation.
SEBI members
In addition to department heads, the SEBI board of directors consists of the following individuals.
- The Indian Union Government employs one chairman and five members.
- The Indian Union Finance Ministry is comprised of two employees.
- RBI (Reserve Bank of India) recruits a single member for SEBI (Securities and Exchange Board of India).
SEBI Functions
SEBI satisfies the requirements of three productive parties on the Indian Capital Market. These are the three participants listed below.
- Provides protection for the interests of investors and traders.
- The securities’ issuers.
- The Financial Intermediaries
SEBI Powers
The SEBI Act of 1992 establishes its authority and functions. Three of SEBI’s powers are listed below.
- Semi-judicial: decisions and directives are issued.
- Performing enforcement and investigations; quasi-executive.
- Statutory: the Rules of Procedure.
