FUNCTIONS OF SEBI
According to SEBI Act, 1992, the main functions of SEBI are:
ü Regulating the securities market.
ü Recognition and regulation of the Stock Exchanges.
ü Registering and regulating the working of various intermediaries including Merchant Bankers, Registrars, Share Transfer Agents, Stock-brokers, Sub brokers, Debenture Trustees, Bankers to the Issue, Underwriters, Portfolio Managers, etc.
ü Registering and regulating the functioning of Depositories, Custodians and Depository Participants.
ü Registration of Foreign Institutional Investors.
ü Registering and regulating the working of Venture Capital Funds, Mutual Funds and other collective investment schemes including plantation schemes.
ü Promotion and regulation of Self-Regulatory Organizations.
ü Prohibiting fraudulent and unfair trade practices relating to securities market.
ü Prohibiting insider trading in securities.
ü Regulating substantial acquisition of shares and takeover of companies.
ü Promoting investor education and training of intermediaries.
ü Conducting research relating to securities market.
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