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Explain the functions and objectives of the Securities and Exchange Board of India (SEBI).
Explain the functions and objectives of the Securities and Exchange Board of India (SEBI).
Function of Securities and Exchange Board of India (SEBI) is divided into two parts
Regulatory Function.
It helps in the registration of brokers and sub-broker and other associates of the market.
It helps in the registration of collective schemes and mutual funds
It regulates portfolio exchanges, share bankers, and merchant banker.
Probation of unfair trade practices and fraud.
Control insider trade and takeover bids.
Development Function.
Educate investors.
Training of intermediaries.
Promotion of Code of Conduct and fair practices.
Conduct research and public information, useful for market participants.
Objectives of the Securities and Exchange Board of India (SEBI).
Regulate share exchange and securities used to promote orderly function.
Protect interest and right of individual investors, investors, and guide and train them.
To prevent fraud and accomplish a balance between self-regulation by the security industry and its statutory body.