SEBI & It's Importance In India
The Securities and Exchange Board of India, fondly known as SEBI, came into existence in 1988 as a non-statutory body. However, it didn't take long for SEBI to gain autonomy and receive statutory powers.
On 30th January 1992, SEBI transformed into an autonomous body with the passing of the SEBI Act 1992 by the Parliament of India. Since then, SEBI has been entrusted with the important task of regulating the securities market in the country."
Quick Overview— SEBI
| Headquater | Bandra kurla complex Mumbai |
| Formed | April 12, 1988 |
| Type | Regulatory agency |
| Chairman | Madhabi puri Buch |
| Director | Shri B. Rajendran |
| Parent department | Ministry of Finance, Government of India |
| Website | www.sebi.gov.in/ |
Responsibilities Of SEBI
SEBI's mission is to protect investor interests and ensure a fair and transparent market. By creating rules and regulations, SEBI promotes development and regulates the market, ensuring a secure and trustworthy environment for all participants.
Every country has there regularty authority to prevent insiders from engaging in insider trading. Insider trading is the buying or selling of a company's stock by someone who has material information of the stock that is not public information.
Who enforces insider trading rules in :- USA- Securities and Exchange Commission (SEC)
- JAPAN- Securities and Exchange Surveillance Commission (SESC)
- INDIA- Securities Exchange Board of India (SEBI)
- CHINA- China Securities Regulatory Commission (CSRC)
- AUSTRALIA- Australian Securities and Investments Commission (ASIC)
Departments of SEBI
- Corporation finance investigation department
- Department economics and policy analysis
- Department of debt and hybrid securities
- Enforcement department -1
- Enforcement department -2
- Enquiries and adjudication department
- General services department
- Recovery and refund department
- Human resources department
- Division of foreign portfolio investor and custodians
- Information technology department
- Information technology department
- Integrated surveillance department
- Investigation department
- Investment management department
- Legal affair department
- Legal affairs department-2
- Market intermediaries regulation and supervision department
- Market regulation department
- Office of international affairs
- Office of investors assistance and education
- Office of the chairman
- Regional officers
- Vigilance department