This ppt is about securities and exchange board of India. it is helpful for ca foundation students, B.com professional accounting and also helpful for people who want to learn about sebi
4. WHAT IS SEBI?
SEBI is an authority to regulate and
develop the indian capital market and
protect the interest of investors in the
indian capital market.
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5. 1. The formation of the Securities and Exchange Board of India (SEBI)
was done on 12th April 1988. This was followed by the establishment of
the SEBI Act on 30th January 1992, which gave SEBI their powers and
functions.
2. SEBI has its headquarters at the business district of Bandra Kurla
Complex in Mumbai,and has Northern, Eastern, Southern and Western
Regional Offices in New Delhi, Kolkata, Chennai, and Ahmedabad
respectively.
3.Controller of Capital Issues was the regulatory authority before SEBI
came into existence; it derived authority from the Capital Issues (Control)
Act, 1947.
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INTRODUCTION
6. The SEBI is managed by its members, which consists of the
following:
● The chairman is nominated by the Union Government of
India.
● Two members, i.e., Officers from the Union Finance Ministry.
● One member from the Reserve Bank of India.
● The remaining five members are nominated by the Union
Government of India, out of them at least three shall be
whole-time members.
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7. Big concept
Bring the attention of your
audience over a key concept
using icons or illustrations
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The Preamble of the Securities and Exchange Board of India
describes the basic functions of the Securities and Exchange Board
of India as "...to protect the interests of investors in securities and to
promote the development of, and to regulate the securities market
and for matters connected there with or incidental there to".
SEBI has to be responsive to the needs of three groups, which
constitute the market:
● issuers of securities
● investors
● market intermediaries
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SEBI has three powers rolled into one body:
QUASI
LEGISLATIVE
QUASI
JUDICIAL
QUASI
EXECUTIVE
It drafts regulations in
its legislative capacity.
It passes rulings and
orders in its judicial
capacity.
It conducts investigation
and enforcement action in
its executive function.
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Though this makes it very powerful, there is an appeal
process to create accountability.
There is a Securities Appellate Tribunal which is a three-
member tribunal and is currently headed by Mr. Justice, JP
Devadhar, former judge of Bombay High Court.
A second appeal lies directly to the Supreme Court. SEBI
has taken a very proactive role in streamlining disclosure
requirements to international standards.
11. POWERS OF SEBI
For the discharge of its functions efficiently, SEBI has
been vested with the following powers:
● to approve by−laws of Stock exchanges.
● to require the Stock exchange to amend their
by−laws.
● inspect the books of accounts and call for
periodical returns from recognised Stock
exchanges.
● inspect the books of accounts of financial
intermediaries.
● compel certain companies to list their shares in
one or more Stock exchanges.
12. SEBI as a Business Facilitator
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1.SEBI is responsible for the development of India’s capital
market.
2.It facilitates public offering of capital by company, thus
companies are able to access capital market for funding
requirements.
3.It also oversees subsequent trading of their shares on the floor
of stock exchanges.
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5. It coordinates market developers and regulators abroad.
6.It responsible for investors faith in the functioning of the
capital markets and thus assures the corporates of steady
flow of funds
4.It facilitates overseas entities to participate in indian
capital markets and the domestic markets to participate
in overseas market.
