Functions of SEBI

SEBI was entrusted with the twin task of the regulation and the development of the securities market, and it also has certain protective functions.

Regulatory functions

1. Registration of brokers, sub-brokers and other players in the market.
2. Registration of collective investment schemes and mutual funds.
3. Regulation of stock brokers, portfolio exchanges, underwriters and merchant bankers, and of the business in stock exchanges.
4. Regulation of takeover bids by companies.
5. Calling for information, undertaking inspections, and conducting enquiries and audits of stock exchanges and intermediaries.
6. Levying fees or other charges to carry out the purposes of the Act.
7. Exercising powers under the Securities Contracts (Regulation) Act, 1956, as delegated by the Government of India.

Development functions

1. Training of the intermediaries of the securities market.
2. Conducting research and publishing information useful to all market participants.
3. Undertaking measures to develop the capital markets by adopting a flexible approach.

Protective functions …