Question

State any five regulatory functions of Securities and Exchange Board of India?

Answer 1

Regulatory Functions:

Regulatory functions of SEBI are as follows:

(a) Registration of Brokers and Agents:

It registers brokers, sub-brokers, transfer agents, merchant banks etc.

(b) Notifications of Rules and Regulations:

It notifies rules and regulations for the smooth functioning of all intermediaries in the securities’ market.

(c) Levying of Fees:

It levies fees, penalties and other charges for contravening its directions and orders.

(d) Regulator of Investment Schemes:

It registers and regulates collective investment schemes and mutual funds.

(e) Prohibits Unfair Trade Practices:

SEBI prohibits fraudulent and unfair trade practices.