What is the Full Form of SEBI in the Share Market?
The SEBI’s full form in the share market is the Securities and Exchange Board of India. SEBI is the statutory regulatory body that was established in the year 1992. It aims to protect the interests of the investors investing in securities, and to regulate the securities market. It also ensures compliance with the regulations and takes corrective measures in the event of violations.
Objectives of SEBI
The primary objective of SEBI is to safeguard the interests of the investors in the securities market. It ensures that the investors receive timely information regarding the securities they invest, and also protects them from unfair and fraudulent trade practices. SEBI is also responsible for regulating and developing the securities market. SEBI prevents insider trading and offers a level playing field for all participants.
Powers of SEBI
SEBI has the power to pass judgments in cases of fraud and unethical practices in the securities market. SEBI can examine the book, accounts, and other vital documents to gather evidence against trade violations. It can formulate rules and regulations to eliminate malpractices in the securities market and to keep the securities market up-to-date and efficient for trading.