SEBI – Securities and Exchange Board of India
Securities and Exchange Board of India, established on 12 April 1992, is the regulator for the securities market in India. It is headquartered in Mumbai and has its regional offices in Chennai, New Delhi, Kolkata and Ahmedabad. The main objectives of SEBI is to protect the interest of investors in securities and to promote the development of securities market.
SEBI has been invested with some necessary powers to function properly. This includes :-
- Inspect the books of accounts of a financial intermediaries
- Levy fees and other charges on the intermediaries for performing its functions
- Compel certain companies to list their shares in one or more stock exchanges
- Delegate powers exercisable by it