Question

Briefly explain the objectives of Securities and Exchange Board of India?

Answer 1

Objectives of SEBI:

Following are the main objectives of SEBI:

1. Protection:

To guide, educate, and to protect the rights and interests of the investors.

2. Competitive and Professional:

To make the intermediaries like merchant bankers, brokers etc. competitive and professional by regulating their activities and developing a code of conduct.

3. Prevention of Malpractices:

To prevent trading malpractices.

4. Balancing:

To establish a balance between statutory regulation and self regulation by the securities industry.

5. Orderly Functioning:

To promote orderly functioning of stock exchange and securities industry by regulating them.