The Securities and Exchange Board of India (SEBI) was established on April 12, 1992 in accordance with the provisions of the Securities and Exchange Board of India Act, 1992. Securities and Exchange Board of India was constituted under the Resolution of the Government of India on 12th day of April, 1988. The head Office of SEBI is situated at Mumbai. The affairs of SEBI are managed by various departments and regional offices. It has constituted various committees from time to time to efficiently manage the working and development of securities market. The current Chairman of SEBI is Mr Ajay Tyagi. The functions of SEBI include regulation, development and promotion of securities market in India.
The management of Board of SEBI consists of the following members:
The chairman of SEBI is appointed by Central Government.
The various functions of SEBI are:
Securities Appellate Tribunal is a statutory body established under the provisions of Section 15K of the Securities and Exchange Board of India Act, 1992. The purpose of SAT is to:
The Investor Protection and Education Fund have been established by the SEBI and funds are utilized for promotion of investor’s education and awareness.
Download this article as PDF
We hope you liked this article on functions of SEBI. Here are some useful articles for you to read next:
Click to go to RBI Grade B Preparation Page
Tags: sebi, sebi full form, sebi chairman, securities and exchange board of india, security exchange board of india, sebi act 1992, powers of sebi, sebi introduction, sebi india, functions of sebi, role of sebi, objectives of sebi, sebi head office, securities and exchange board of india act 1992, history of sebi, what is sebi
Punjab Civil Services 2022
ESIC Deputy Director 2022