{"id":29688,"date":"2020-03-19T15:00:37","date_gmt":"2020-03-19T09:30:37","guid":{"rendered":"https:\/\/enterslice.com\/learning\/?p=29688"},"modified":"2021-02-06T17:07:41","modified_gmt":"2021-02-06T11:37:41","slug":"securities-and-exchange-board-of-india-structure-and-powers","status":"publish","type":"post","link":"https:\/\/enterslice.com\/learning\/securities-and-exchange-board-of-india-structure-and-powers\/","title":{"rendered":"Securities and Exchange Board of India: Structure and Powers- An overview"},"content":{"rendered":"

Overview<\/h2>\n\n\n\n

SEBI plays an essential role in conducting and governing the securities and commodities market<\/a> in India. SEBI<\/strong>[1]<\/strong><\/a><\/sup> stands for Securities and Exchange Board of India. It enforces various rules and regulations to regulate the functioning of Indian markets. Considering that the Indian capital markets are one of the biggest in the world, therefore, it needs to be regulated in a systematic order to protect the interests of the investors. In this article, we shall have a complete overview of the Securities and Exchange Board of India.<\/p>\n\n\n\n

What is SEBI?<\/h2>\n\n\n\n

The\nSecurities and Exchange Board of India was established by the Government of\nIndia on 12th April 1992. It is a statutory regulatory body that monitors and\nregulates the Indian capital and securities. It protects the interests of the\ninvestors by formulating and devising guidelines and regulations to be followed\nby the players in the Indian market. The headquarters of SEBI is in Mumbai.<\/p>\n\n\n\n

History of Securities and Exchange Board of India<\/h2>\n\n\n\n

SEBI\nwas instituted first in 1988 as a non-statutory body. In the year 1992 entire\nframework was overhauled and it led to the creation of an autonomous statutory\nbody. In the year 1995, it got additional statutory powers by the government of\nIndia by virtue of amendment<\/a> in the Securities and Exchange Board of India,\n1992. <\/p>\n\n\n\n

What led to the Institution of SEBI?<\/h2>\n\n\n\n

In\norder to check the malpractices and violations in the securities market, the Securities\nand Exchange Board of India was formed. Another important reason why the\nsecurities and exchange board of India was set up was to protect the rights and\ninterest of the investors and to facilitate growth in the securities market.<\/p>\n\n\n\n

Structure of SEBI<\/h3>\n\n\n\n

The\nSecurities and Exchange Board of India comprises of different departments each\nbeing managed by a head. Mr Ajay Tyagi was elected as its chairman, replacing\nUK Sinha, on 10th<\/sup> February 2017. It has a corporate framework with\neach department being headed by an executive director. There are different\ndepartments under the Securities and Exchange Board of India. These are as\nfollows:-<\/p>\n\n\n\n