What is the Expansion of SEBI?
VerifiedAnswer: Securities and Exchange Board of India
Explanation:
SEBI stands for Securities and Exchange Board of India, which is the primary regulatory authority for the securities market in India. Established in 1988 and given statutory powers in 1992, SEBI plays a crucial role in maintaining the integrity and transparency of India's financial markets.
The main purpose of SEBI is to protect the interests of investors and regulate the securities market. It acts as a watchdog that ensures fair trading practices and prevents fraudulent activities in stock exchanges. SEBI has the authority to regulate stock exchanges, brokers, and other market intermediaries to maintain market stability and investor confidence.
Some of SEBI's key functions include issuing guidelines for public offerings, monitoring insider trading, regulating mutual funds, and ensuring that companies provide accurate financial information to investors. It also has the power to investigate market violations and impose penalties on those who break securities laws. Through its comprehensive regulatory framework, SEBI helps create a safe and transparent environment for both domestic and international investors to participate in India's capital markets.
