Securities and Exchange Board of India (SEBI) was established by Government of India through an executive resolution in the year 1988. SEBI was subsequently upgraded as a fully autonomous body in 1992 with the passing of the Securities and Exchange Board of India Act (SEBI Act) on 30th January 1992. In the year 1995, the SEBI was given additional statutory power by the Government of India through an amendment to the securities and Exchange Board of India Act 1992.
1. The headquarter of SEBI is located in the business district of Bandra-Kurla complex in Mumbai.
2. The Chairman of SEBI – Upendra Kumar Sinha (UK Sinha)
3. The Whole Time Member of SEBI- Prashant Saran
4. The first chairman of SEBI was – Dr. S. A. Dave
5. SEBI deals with – the issuers of securities,the investors and the market intermediaries.
Basic Objective of SEBI -
1. To Promote the interests of investors in securities
2. To promote the development of Securities Market
3. To regulate the securities market
4. For matters connected therewith or incidental thereto.
- http://www.examguruadda.in/2015/07/sebi-securities-and-exchange-board-of.html
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