What are the functions of SEBI?

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.