The Securities and Exchange Board of India (SEBI) is a statutory regulatory body established by the Government of India in 1992 to regulate the securities market in India and protect the interests of investors in securities. The body is managed by its members, which consists of the following: the chairman nominated by the Union Government of India, two members, i.e., officers from the Union Finance Ministry and one member from the Reserve Bank of India. It controls the regulations of the stock exchange and capital market, prohibition of fraudulent and unfair trade, improving education and training of intermediaries of the securities market, promoting investors and registering intermediaries, regulating substantial acquisition of shares and takeovers of companies and so forth. The body has taken various measures such as screen-based trading system, dematerialization of securities and framed various regulations to regulate intermediaries, issue and trading of securities, corporate restructuring, etc. to protect the interests of investors in securities.

Abhijith S

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