SECURITY EXCHANGE BOARD OF INDIA

Presenting By, Mahadeva prasad.m 2nd MFM, DOS in commerce, Manasa gangotri, Mysore.

security exchange board of india

The Securities and Exchange Board of India (SEBI) has been mandated to protect the interests of investors in securities market and to promote the development and to regulate the securities market so as to establish a dynamic and efficient Securities Market contributing to Indian Economy.

The regulatory body for the investment market in India. The purpose of this board is to maintain stable and efficient markets by creating and enforcing regulations in the market place.

Why SEBI has established……......?

The main reason for establishment of SEBI.

to protection of interest of investor

To regulation of stock markets

To control over financial intermediaries

Establishment of SEBI

It was officially established by The Government of India in the year 1988 and given statutory powers in 1992 with SEBI Act 1992 being passed by the Indian parliament. SEBI has its Headquarters are at the business district of Bandra kurla complex  in Mumbai, and has Northern, Eastern, Southern and Western Regional Office in Delhi, Kolkata, Chennai and Ahmedabad respectively.

SEBI head quatered in popular business district of bandra- kurla complex in mumbai

Salient Features of SEBI

Head quarters will be in mumbai and may establish offices at other place in India

Chairmen and members of board will be appointed by central Government

Government can prescribe terms of officers and other conditions of service of board and chairmen.

Primary duties of the board is to protect the interest of investors.

Organization structureThe SEBI is managed by its members, which consists of

following:

a) The chairman who is nominated by central Government of India.

b) Two members, i.e. Officers from central Finance Ministry.

c) One member from The Reserve Bank of India.

d) The remaining 5 members are nominated by Union Government of India, out of them at least 3 shall be whole-time members.

Present organization structure(2015)

Name Designation

Upendra kumar sinha Chairman

Prashant Saran Whole Time Member

Rajeev Kumar Agarwal Whole Time Member

S Raman Whole Time Member

Raje Kumar Joint Secretary, ministry of finance

V. K. Jairath magya Member Appointed

Anand Sinha Deputy Governor, reserve bank of India

Naved Masood Secretary, Ministry of Corporate Affairs

Prakash Chandra Part Time Member

Objectives of SEBI

Investor protection

Regulation of Stock Markets

Checking for insider trading

Control over financial intermediaries

Functions of SEBIREGULATORY FUNCTIONS

Regulation of Business in the Stock Exchanges.

Prohibiting fraudulent and unfair trade practices and insider trading in the securities market.

Inspection and inquiries.

Regulating substantial acquisition of shares and take-over's.

Levying fees or other charges for carrying out the purposes of this section.

Performing such functions and exercising such powers under the provisions of the Securities Contracts (Regulation) Act, 1956 as may be delegated to it by The Central Government

DEVELOPMENTAL FUNCTIONS

Promoting investor’s education and training of intermediaries.

Conducting research and publishing information useful to all market participants.

Promotion of fair practices and self regulatory organizations.

Powers SEBI Power to call periodical returns from

recognized stock exchanges. Power to call information or explanation

from recognized stock exchanges or their members.

Power to control and regulate stock exchanges.

Power to direct enquiries to be made in relation to affairs of stock exchanges or their members.

Role of SEBI in market

Specifying rules and regulations Providing licenses to dealers and

brokers Auditing the performance of various

stock exchanges Controlling mergers, acquisitions and

take-overs of the companies Prohibiting unfair trade practices in

the market

conclusion

SEBI as a regulatory body for Indian capital market, it has to be empowered more so that it can discharge its role for improvement and development of capital market.

SEBI has to strive and create new techniques for management of capital market so that the capital market can deliver efficient services and fair activities.

Reference

Wikipedia.com /SEBI

Accounting education / role of SEBI in a capital market

Thank you