Securities and Exchange Board of India - Securities Regulatory Agency

What is the Securities and Exchange Board of India

The Securities and Exchange Board of India (SEBI) is the regulatory agency for all securities activity in the Indian stock market.  The agency was established on April 12, 1992 by the Indian Parliament government.  The SEBI is located in Bandra-Kurla Comples in Mumbai, India. 

Organizational Structure of SEBI

The SEBI is comprised with a number of departments and is headed by the board of directors.  The current chairman for the Securities and Exchange Board of India is Shri C. B. Bhave.

Role of the SEBI

The SEBI has three major functions which are very similar to those of the SEC in the US.

• Drafts legislation to assist in creating a stable trading environment for securities
• Investigate any illegal trading activity
• Pass rulings to promote visibility in the financial markets