India
A CRITICAL ANALYSIS
A Brief History
MET-IOM
SEBI- A Critical
Analysis
A Brief History
(Contd)
SEBI- A Critical
Analysis
Introduction
SEBI was established as a statutory authority through an
Ordinance promulgated on 30.01.1992 by the President of India
It is managed by a Board comprising of nine members including
the chairman
Paradoxically this is a positive outcome of the Harshad Mehta
Securities Scam of 1990-91
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SEBI- A Critical
Analysis
Investors:
For investors it provides protection and supply of accurate and correct
information
Intermediaries:
For intermediaries it provides a competitive professional market
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SEBI- A Critical
Analysis
Basic Objectives
To protect the interests of investors in securities
To promote the development of Securities Market
To regulate the securities market and
For matters connected therewith or incidental thereto
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SEBI- A Critical
Analysis
Powers of SEBI
Powers relating to stock exchanges and intermediaries:
SEBI
has
wide
powers
regarding
the
stock
exchanges
and
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SEBI- A Critical
Analysis
Powers of SEBI
(Contd)
MET-IOM
SEBI- A Critical
Analysis
Powers of SEBI
(Contd)
MET-IOM
SEBI- A Critical
Analysis
Powers of SEBI
(Contd)
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SEBI- A Critical
Analysis
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Powers of SEBI
(Contd)
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SEBI- A Critical
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Powers of SEBI
(Contd)
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SEBI- A Critical
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Functions of SEBI
The SEBI performs functions to meet its objectives.
Functions can be broadly divided into:
Protective functions
Developmental functions
Regulatory functions
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SEBI- A Critical
Analysis
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Functions of SEBI
(Contd)
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SEBI- A Critical
Analysis
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Functions of SEBI
(Contd)
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SEBI- A Critical
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Functions of SEBI
(Contd)
Regulatory Functions It has framed rules and regulations and a code of conduct to regulate
the intermediaries such as merchant bankers, brokers, underwriters,
etc.
It registers and regulates the working of all those who are associated
with stock exchange in any manner.
It registers and regulates the working of mutual funds etc.
It regulates takeover of the companies.
It conducts inquiries and audit of stock exchanges.
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Summary
For the development of any economy
Capital Market, which is one of the main organ to mobilize
funds of huge order
shall evolve all steps to develop the market
simultaneously bringing in the credibility in the financial
market, which is watched world wide
through effective and speedy implementable regulations,
ultimately, protecting the interest of the Investors and the
Country
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SEBI- A Critical
Analysis
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SEBI- A Critical
Analysis
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