What is SEBI?

♤ The Securities and Exchange Board of India (SEBi) is a statutory regulatory body established by the Government of India through the SEBI Act, 1992 to regulate the securities market in India and protect the interests of investors in securities.

♤ SEBI has the power to regulate and perform functions such as check the books of accounts of stock exchanges and call for periodical returns, approve by-laws of stock exchanges, ,

inspect the books of financial intermediaries such as banks, compel certain companies to get listed on one or more stock exchanges, and handle the registration of brokers.