SEBI
SEBI AND WHAT IS ITS ROLE?
The SEBI is the regulatory authority established under Section 3 of SEBI Act 1992 to protect the interests of the investors in securities and to promote the development of, and to regulate, the securities market and for matters connected therewith and incidental thereto.
OBJECTIVES OF SEBI
According to the preamble of SEBI Act 1992, the objectives of SEBI are threefold:
To protect the interest of the investors in securities.
To promote the development of securities market in India. .
To regulate the securities market.
ORGANIZATION OF SEBI
The affairs of SEBI shall be managed by a Board. The Board shall consist of the following members:
i. A Chairman.
ii. Two officials of the Central Government from the Ministry of Finance and Ministry of Law, Justice and Company Affairs.
iii. One official nominated by the Reserve Bank of India.
iv. Two other members nominated by the Central Government.
The Chairman and the members should be persons of ability, integrity and standing who have shown capacity in dealing with problems of the securities market. They are required to have good knowledge or experience in the areas of finance, law, economics, accountancy, administration, etc..
SEBI AND WHAT IS ITS ROLE?
The SEBI is the regulatory authority established under Section 3 of SEBI Act 1992 to protect the interests of the investors in securities and to promote the development of, and to regulate, the securities market and for matters connected therewith and incidental thereto.
OBJECTIVES OF SEBI
According to the preamble of SEBI Act 1992, the objectives of SEBI are threefold:
To protect the interest of the investors in securities.
To promote the development of securities market in India. .
To regulate the securities market.
ORGANIZATION OF SEBI
The affairs of SEBI shall be managed by a Board. The Board shall consist of the following members:
i. A Chairman.
ii. Two officials of the Central Government from the Ministry of Finance and Ministry of Law, Justice and Company Affairs.
iii. One official nominated by the Reserve Bank of India.
iv. Two other members nominated by the Central Government.
The Chairman and the members should be persons of ability, integrity and standing who have shown capacity in dealing with problems of the securities market. They are required to have good knowledge or experience in the areas of finance, law, economics, accountancy, administration, etc..