#1
May 4th, 2016, 08:02 AM
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Importance Of Securities And Exchange Board Of India
I am doing MBA final year from Mumbai University and got an assignment for this looking for details about Securities and Exchange Board of India (SEBI). Will you tell what the Importance and objectives Of Securities And Exchange Board Of India so I can put details in my project?
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#2
May 4th, 2016, 08:02 AM
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Re: Importance Of Securities And Exchange Board Of India
The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India. Securities Exchange Board of India (SEBI) was set up in 1988 to regulate the functions of securities market Importance: It was set up to meet the needs of three groups. 1. Issuers: For issuers it provides a market place in which they can raise finance fairly and easily. 2. Investors: For investors it provides protection and supply of accurate and correct information. 3. Intermediaries: For intermediaries it provides a competitive professional market. The objectives of SEBI are: 1. To regulate the activities of stock exchange. 2. To protect the rights of investors and ensuring safety to their investment. 3. To prevent fraudulent and malpractices by having balance between self regulation of business and its statutory regulations. 4. To regulate and develop a code of conduct for intermediaries such as brokers, underwriters, etc. Functions of SEBI: The SEBI performs functions to meet its objectives. To meet three objectives SEBI has three important functions. These are: i. Protective functions ii. Developmental functions iii. Regulatory functions. Contact: SEBI Plot No.C4-A,'G' Block, Bandra Kurla Complex Bandra (East), Mumbai 400051 Tel : +91-22-26449000 / 40459000 Fax : +91-22-26449019-22 / 40459019-22 E-mail : sebi@sebi.gov.in Interactive Voice Response System (IVRS): Tel : +91-22-26449950 / 40459950 Toll Free Investor Helpline: 1800 22 7575 |
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