need and importance of sebi
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Securities and Exchange Board of India (SEBI) is an apex body, which maintains and regulates our capital market. It was established in the year 1988 by the Indian government. Later in the year 1992, it received the statutory powers and the status of fully autonomous body.
vijpraish:
good answer vijpraish
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Importance of Senior
1. Protection of the investors in security and also to promote the development of the market of security is the sole responsibility of sebi.
2. Maintaining Stock exchange business regulations.
3. Since its a self regulatory body it's promoting is very important which it does.
4. Regulating the collective investment scheme.
5. Insider trading security
6. Regulation of shares and taken over companies.
7. Providing restrictions on unfair trade practices and giving market security.
8. Doing inspection, inquiring the doubted things, doing audit, auditing stock exchange, mutual funds etc.
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