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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

SEBI allowed mutual funds to launch passively managed ELSS, though with a caveat that mutual funds can have either an actively-managed ELSS scheme or passively-managed one, but not in both categories

Updated On: 22 Aug 2024 | 5:05 PM IST
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Says any subsequent attempt to return money received or original warrant certificate will have no legal effect on exercise of warrants by VCPL

Updated On: 31 Jan 2023 | 11:35 AM IST
Web Exclusive

As global temperatures rise 2 degrees Celsius or more above pre-industrial levels, the country's chapati challenge is only going to become more urgent

Updated On: 19 Jan 2023 | 2:18 PM IST

In a nine-page order, Sebi said the acquisition of shareholding in VIL by the Government of India (GoI) is proposed with the sole intent of saving the larger public interest.

Updated On: 25 May 2022 | 11:23 PM IST

Sebi's plans will offer more options to investors

Updated On: 25 May 2022 | 10:36 PM IST

Standard Chartered Bank has settled with markets regulator Sebi a case pertaining to alleged violations of norms in the matter of CG Power and Industrial Solutions Ltd after paying Rs 4.97 crore

Updated On: 02 Aug 2023 | 10:03 AM IST

Industry players expect assets to double in five years

Updated On: 25 May 2022 | 1:47 AM IST

Capital markets regulator Sebi on Tuesday sent a notice to NSE's former chief Chitra Ramkrishna asking her to pay Rs 3.12 crore in a case related to governance lapses at the stock exchange

Updated On: 24 May 2022 | 11:09 PM IST

The companies -- IDFC Ltd and Sasken Communications Ltd -- had come out with their respective Initial Public Offerings (IPOs) in 2005.

Updated On: 23 May 2022 | 11:03 PM IST

The move will allow new fund houses that are especially focusing on passive schemes to float a passively-managed ELSS fund

Updated On: 05 Apr 2024 | 1:25 PM IST

Exchange-traded funds group-level exposure will be capped at 25 per cent, says regulator.

Updated On: 23 May 2022 | 11:00 PM IST

These firms, which filed their preliminary IPO papers with Sebi between December 2021 and March 2022, obtained Sebi's observations during May 17-20, an update with Sebi showed on Monday

Updated On: 23 May 2022 | 8:25 PM IST

Any buy/sell advice, including a model portfolio, should be the domain of research analysts while holistic financial planning and asset allocation should be that of investment advisors

Updated On: 22 May 2022 | 11:28 PM IST

The purpose of such a mechanism is to get better ratings and reduce cost of funds for an entity floating instruments.

Updated On: 21 May 2022 | 6:10 AM IST

Capital markets regulator Sebi on Friday imposed a penalty of Rs 1 crore on India Infoline Ltd (IIFL) for misutilisation of client securities.

Updated On: 20 May 2022 | 10:57 PM IST

The category accounts for under 5% of probes completed during the year, and under 3% taken up for scrutiny, shows an analysis of data from Sebi's last available annual report

Updated On: 22 May 2022 | 11:41 PM IST

MDs and CEOs of MIIs to submit declaration of compliance with all circulars and advisories on cyber security issued by Sebi from time to time

Updated On: 21 May 2022 | 2:06 AM IST

Market regulator SEBI slapped a fine on Fortis Healthcare subsidiaries on account of fund diversion by erstwhile promoters

Updated On: 20 May 2022 | 11:33 PM IST

Sebi has revised timelines of submission of security cover certificate, valuation report and quarterly compliance report, and regulatory compliance by debenture trustees

Updated On: 20 May 2022 | 7:38 AM IST

Markets regulator Sebi on Thursday said it has withdrawn the recognition granted to the Indian Commodity Exchange Limited (ICEX).

Updated On: 19 May 2022 | 10:04 PM IST