Name : Godwin Thomas .

Sub: Secretarial Practice .

Topic: Securities and Exchange Board of India

(SEBI) .

Submitted to : Miss Girisha

DEFINITION

• The regulatory body for the investment market in India. The purpose of this board is to maintain stable and efficient markets by creating and enforcing regulations in the marketplace.

FUNCTIONIONS OF SEBI :

The Preamble of the Securities and Exchange Board of India describes the basic functions of the Securities and Exchange Board of India as "...to protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected there with or incidental there to.”

SEBI has to be responsive to the needs of three groups, which constitute the market :

the issuers of securities. the investors. the market

intermediaries.

RESPONSIBILITIES OF SEBI :

POWERS:For the discharge of its functions efficiently, SEBI has been vested with the following powers:to approve by−laws of stock exchanges. sebito require the stock exchange to amend their by−laws.inspect the books of accounts and call for periodical returns from recognized stock exchanges.inspect the books of accounts of a financial intermediaries.compel certain companies to list their shares in one or more stock exchanges.registration brokers.

SEBI COMMITTES :• Technical Advisory Committee

• Takeover Regulations Advisory Committee

• Primary Market Advisory Committee (PMAC)

• Secondary Market Advisory Committee (SMAC)

• Mutual Fund Advisory Committee