Securities Exchange Board of India (SEBI) Act, 1992: A Summary
19 Pages Posted: 2 Mar 2012
Date Written: March 1, 2012
SEBI which is an abbreviation for Securities and Exchange Board of India has functions similar to the SEC or Securities Exchange Commission in the USA. In other words, the SEBI regulates the working of the financial markets in India, vis-à-vis investor protection and laying down of ethical standards for the working of the financial markets in India. This is why SEBI is also called as the watchdog of the Indian Markets. In this article the author has attempted to give a summary description of the SEBI Act of 1992.
Keywords: SEBI, SEBI Act 1992, company law, securities, Companies Act 1956
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