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24-05-2021 Stock Market

Q. what is the full form of SEBI?


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Rahul
Commented on 2021-05-26 09:57:50 (IST)
SEBI stands for Securities and Exchange Board of India - SEBI is a statutory regulatory body entrusted with the responsibility to regulate the Indian capital markets. It monitors and regulates the securities market and protects the interests of the investors by enforcing certain rules and regulations.

SEBI has wide-ranging regulatory, investigative, and enforcement powers, including the ability to impose fines on violators.

The Securities and Exchange Board of India was established in its current incarnation in April 1992, following the passage of the Securities and Exchange Board of India Act by the nation's parliament. It was first established with more limited powers in 1988. It supplanted the Controller of Capital Issues, which had regulated the securities markets under the Capital Issues (Control) Act of 1947, passed just months before India gained independence from the British.


The SEBI headquarters is located in the business district at the Bandra-Kurla Complex in Mumbai. It also has regional offices in the cities of New Delhi, Kolkata, Chennai, and Ahmedabad, and more than a dozen local offices in cities including Bangalore, Jaipur, Guwahati, Patna, Kochi, and Chandigarh.