Q.State the functions of SEBI.

SEBI regulates and develops the Indian securities market and protects investors. Its functions can be grouped as protective, regulatory and developmental.

The Securities and Exchange Board of India (SEBI) is the statutory body that controls and supervises the securities market in India. It was set up to keep the market fair, transparent and safe for investors.

Functions of SEBI:

• Protection of investors: It safeguards the interests of investors by ensuring fair practices, checking malpractices, and educating investors about the market.
• Regulating stock exchanges: It supervises the working of stock exchanges and the securities market to see that they function in an orderly manner.
• Registration and regulation of intermediaries: It registers and regulates brokers, sub-brokers, merchant bankers, underwriters, depository participants and other market intermediaries.
• Prohibiting unfair practices: It prohibits fraudulent and unfair trade practices, insider trading and price rigging in the securities market.
• Regulating substantial acquisition of shares and takeovers of companies.
• Promoting investor education and training of intermediaries. …