The Securities and Exchange Board of India is the regulator for the securities market in India. The Securities and Exchange Board of India was established on April 12, 1992 and owned by Government of India.
The primary objective of SEBI is to promote healthy and orderly growth of the securities market and secure investor protection.
SEBI Bhavan, Mumbai
Functions of SEBI
- Protecting the interest on investors.
- Promoting the developing of market.
- Regulating the securities market.
The SEBI is managed by its members, which consists of following:
- The chairman who is nominated by the Union Government of India.
- Two members, i.e., Officers from Union Finance Ministry.
- One member from the Reserve Bank of India.
- The remaining five members are nominated by the Union Government of India, out of them at least three shall be whole-time members.