SEBI 2011 Securities and Exchange Board of India
SEBI is the Regulator for the Securities Market in India. Originally set up by the Government of India in 1988, it acquired statutory form in 1992 with SEBI Act 1992 being passed by the Indian Parliament. Chandrasekhar Bhaskar Bhave is the sixth chairman of the Securities Market Regulator. Prior to taking charge as Chairman SEBI, he had been the chairman of NSDL (National Securities Depository Limited) ushering in paperless securities. SEBI has three functions rolled into one body quasi-legislative, quasi-judicial and quasi-executive. It drafts regulations in its legislative capacity, it conducts investigation and enforcement action in its executive function and it passes rulings and orders in its judicial capacity.
SEBI Administration:
A Board by the name of the Securities and Exchange Board of India (SEBI) was constituted under the SEBI Act to amminister its provisions in 1992 with one chairman and five members.
Complaint Forms:
Complaint Forms for Non-receipt of dividend, Derivative Trading Refund, Order/ Allotment Advise, Non-receipt of letter of offer for rights issue, and many others can be downloaded.
Investopedia Says:
The Securities and Exchange Board of India is similar to the U.S. SEC. The SEBI is relatively new (1992) but is a vital component in improving the quality of the financial markets in India, both by attracting foreign investors and protecting Indian investors.
Address:
Plot No.C4-A,'G' Block,
Bandra Kurla Complex,
Bandra(East),
Mumbai 400051
Tel : +91-22-26449000 / 40459000
Fax : +91-22-26449016-20 / 40459016-20
No comments:
Post a Comment