Q.Explain the objectives of SEBI.

Cover three to four objectives briefly — investor protection, regulation, development, and the statutory/self-regulation balance. …

SEBI was established with a cluster of objectives that together define its mandate. Its foremost objective is to protect the interests of investors in securities, ensuring their savings are not exposed to fraud or misinformation. It also aims to regulate the securities market, so that stock exchanges, brokers and other intermediaries function within a transparent, orderly and fair framework. A further objective is to promote the development of the securities market by widening participation among both investors and issuing companies. SEBI additionally works to prevent malpractices such as price rigging, insider trading and unfair trade practices that had plagued the pre-1988 market. Finally, it seeks an appropriate balanc …

Some students conflate SEBI's 'objectives' with its 'functions' and repeat the same points under both headings — objectives state the broad purpose, while …