Explain the following concept:Securities and Exchange Board of India – InterviewSolution

1.	Explain the following concept:Securities and Exchange Board of India (SEBI)
Answer» SEBI was established in 1992 as a statutory body to regulate the Securities Market in India. Its head office is in Mumbai. It supervises and controls the operations of Stock Exchanges, Companies issuing securities, and other intermediaries like Underwriters, Merchant Bankers, Brokers, etc. It protects and safeguards the interest of the investors in the security market. The main objective is to regulate the functioning of securities markets and stock exchanges. It develops a code of conduct for fair practices by intermediaries.

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