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.
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