SEBI Full Form

What is the full form of SEBI?

SEBI is the abbreviation for the Securities and Exchange Board of India. The most significant supervisor of the Indian stock markets is SEBI. In 1988, the Securities and Exchange Board of India was founded. The SEBI maintains its main office in Mumbai's Bandra Kurla Complex, and it also has regional offices in New Delhi, Kolkata, Chennai, and Ahmedabad for its northern, eastern, southern, and western regions.

This Story also Contains

1. What is the full form of SEBI?
2. Function And Responsibilities of SEBI
3. The Power Of SEBI
4. The Committees In SEBI
5. Achievements Of SEBI
6. Controversies of SEBI
7. Departments of SEBI
8. Rules And Regulations For SEBI
9. Board Members of SEBI

Function And Responsibilities of SEBI

In addition to promoting the growth and regulation of the securities market, SEBI is responsible for defending the interests of investors in securities. Three groups must be catered to by the Securities and Exchange Board of India.

The Power Of SEBI

Securities exchange bylaws must be approved by SEBI. It looks into the financial records and requests recurring reports from licenced stock exchanges. The Securities Exchange must be compelled by the Securities and Exchange Board of India to modify its bylaws. The accounting record for financial intermediaries is called SEBI.

The Committees In SEBI

The Securities and Exchange Board of India has a number of committees, including the Technical Advisory Committee, Takeover Regulations Advisory Committee, Primary Market Advisory Committee, Secondary Market Advisory Committee, Mutual Fund Advisory Committee, and Committee for Review of the Structure of Infrastructure Institutions.

Achievements Of SEBI

• By introducing a T+5 rolling cycle beginning in July 2001, a T+3 cycle in April 2002, and then a T+2 cycle in April 2003, SEBI is working to make markets electronic and paperless.

• As required by law, SEBI has been active in establishing the regulations.

• As a result of the global financial crisis and the Satyam scandal, SEBI has also been crucial in implementing prompt and successful measures.

• The SEBI raised the application threshold for retail investors from 100,000 to 200,000.

Controversies of SEBI

According to the petition, "The search-cum-selection committee's constitution has been altered, which directly impacted its balance and could jeopardise the SEBI's role as a watchdog in recommending the names of the chairman and every whole-time member for an appointment. A two-judge Supreme Court panel made up of Justice Surinder Singh Nijjar and Justice HL Gokhale issued a notice to the Indian government, SEBI chairman UK Sinha, and Omita Paul, the secretary to the president of India, after hearing a similar petition brought by lawyer Anil Kumar Agarwal of Bengaluru.

Departments of SEBI

SEBI regulates the Indian financial market through multiple Departments like

• Commodity Derivatives Market Regulation Department (CDMRD)

• Corporation Finance Department (CFD)

• Department of Economic and Policy Analysis (DEPA)

• Department of Debt and Hybrid Securities (DDHS)

• Enforcement Department – 1 (EFD1)

• Enforcement Department – 2 (EFD2)

• Human Resources Department (HRD)

• Regional offices (ROs)

Rules And Regulations For SEBI

Stockbrokers, distributors of mutual funds, investment advisors, and other companies that engage in mutual fund transactions on behalf of clients have been told by SEBI to stop pooling mutual fund units. In order to avoid the misuse of investors' funds, SEBI wants to put an immediate stop to this strategy. Additionally, when these entities default, investors lose money.

Board Members of SEBI