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SEBI

About SEBI

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What is SEBI?

Securities and Exchange Board of India (Sebi)

SEBI is a statutory body and a market regulator, which controls the securities market in India. The basic functions of Sebi is to protect the interests of investors in securities and to promote and regulate the securities market.  Sebi is run by its board of members. The board consists of a Chairman and several other whole time and part time members. The chairman is nominated by the union government. The others include two members from the finance ministry, one member from Reserve Bank of India and five other members are also nominated by the Centre. The headquarters of Sebi is situated in Mumbai and the regional offices are located in Ahmedabad, Kolkata, Chennai and Delhi.

History of Sebi

Before Sebi came into existence, Controller of Capital Issues was the regulatory authority; it derived authority from the Capital Issues (Control) Act, 1947. In 1988, Sebi was constituted as the regulator of capital markets in India. Initially, Sebi was a non-statutory body without any statutory power. Following the passage of the Sebi Act by Parliament in 1992, it was given autonomous and statutory powers.

What is Securities Appellate Tribunal (SAT)

Sebi also appoints various committees, whenever required to look into the pressing issues of that time. Further, a Securities Appellate Tribunal (SAT) has been constituted to protect the interest of entities that feel aggrieved by Sebi’s decision. SAT consists of a presiding officer and two other members.

Functions and powers of Sebi

Sebi controls activities of stock exchanges, safeguards the rights of shareholders and also guarantees the security of their investment. It also aims to check fraudulence by harmonising its statutory regulations and self-regulating business. The regulator also enables a competitive professional market for intermediaries
Apart from the above functions, Sebi provides a marketplace in which the issuers can increase finance properly. It also ensures safety and supply of precise and accurate information from the investors. Sebi analyses the trading of stocks and safes the security market from the malpractices. It controls the stockbrokers and sub- stockbrokers. It provides education regarding the market to the investors to enhance their knowledge.

Latest Updates on SEBI

LLMs are advanced AI systems designed to understand and generate human language. They use deep learning techniques and are trained on massive amounts of text data

Updated On: 09 Jan 2025 | 11:26 AM IST

The clarification came after the country's opposition party alleged that Buch continued to draw a salary from the bank

Updated On: 12 Sep 2024 | 1:49 PM IST

Company says it's committed to 'highest compliance standards' after regulator flags related party transactions with Paytm Payments Bank in FY22

Updated On: 17 Jul 2024 | 12:15 AM IST

The circular introduces specific timelines for dealing with appeals made by companies regarding rating actions carried out during periodic surveillance of ratings

Updated On: 05 Jul 2024 | 4:27 PM IST

On June 26th, the Sebi issued show-cause notices to Hindenburg Research LLC, US-based hedge fund manager Mark E Kingdon, and four others

Updated On: 08 Jul 2024 | 6:08 PM IST

New regulations promise better governance and transparency

Updated On: 24 Jul 2023 | 2:38 PM IST

The deadline was sought by the regulator to complete the probe of the allegations in the Hindenburg report.

Updated On: 15 May 2023 | 4:45 PM IST

Here is the best of Business Standard's opinion pieces for today

Updated On: 17 Apr 2023 | 10:36 AM IST

Analysts say Yum!'s - which operates Kentucky Fried Chicken (KFC), Taco Bell, and Pizza Hut food chains - performance has improved, driven by aggressive store expansion vis-a-vis other players

Updated On: 10 Apr 2023 | 6:01 AM IST

Guidelines for investment advisers should be clear

Updated On: 19 Apr 2023 | 9:28 AM IST

In two separate orders, Sebi found that these entities were engaged in the business of providing investment advice to their clients, for consideration, without obtaining Sebi's registration

Updated On: 07 Apr 2023 | 10:35 PM IST

However, relaxation has been provided to the listed public sector companies from strict compliance with the requirement of three months' time

Updated On: 06 Apr 2023 | 10:53 PM IST

This information should also be there in publications, Know Your Client (KYC) forms, client agreements, statements and in any other form of correspondence with the client

Updated On: 06 Apr 2023 | 10:53 PM IST

This came after Sebi returned Go Digit's draft IPO (Initial Public Offering) papers on January 30 and asked the company to refile the documents with certain updates

Updated On: 06 Apr 2023 | 10:51 PM IST

Business Standard brings you the top headlines at this hour

Updated On: 06 Apr 2023 | 7:37 AM IST

Lower compliance will help expand the reach of passive funds

Updated On: 18 Apr 2023 | 1:10 PM IST

Bars usage of superlative terms, projections, past performance and in some cases even comparisons

Updated On: 05 Apr 2023 | 11:02 PM IST

Pegs capital need at Rs 1,000 cr for three years

Updated On: 05 Apr 2023 | 11:11 PM IST

The approvals come at a time when capital raising by way of IPOs has slowed to a crawl, with only four issues hitting the market so far this calendar year

Updated On: 29 Feb 2024 | 2:00 PM IST

Industry experts say it could help attract global players

Updated On: 04 Apr 2023 | 11:10 PM IST