Securities and Exchange Board of India (SEBI) - Establishment, Activities and Functions

Securities and Exchange Board of India (SEBI) - Establishment, Activities and Functions

Established in the year 1988 and given statutory powers on 12 April, 1992 through the SEBI Act, 1992.

Headquarter- Mumbai

Chairman- U.K.Sinha

Functions

1. Drafts regulations and registration of brokers

2. Conducts investigation and enforcement action

3. Passes rules and orders in its judicial capacity

4. Safeguarding the interest of investors

5. Barring inside trading in securities

6. Issues guidelines and instructions

7. Controls functioning of mutual fund