terminology of sebi
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Answer:
The Securities and Exchange Board of India (SEBI) is the leading regulator of the securities market in the Republic of India, analogous to the Securities and Exchange Commission in the U.S.
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What Is the Securities And Exchange Board Of India – SEBI?
The Securities and Exchange Board of India (SEBI) is the most important regulatory body of the securities market in the Republic of India.
The Securities and Exchange Board of India (SEBI) is the leading regulator of the securities market in the Republic of India, analogous to the Securities and Exchange Commission in the U.S.
Creation of the SEBI
The Securities and Exchange Board of India was established as a non-statutory regulatory body in the year 1988, but it was not given autonomous, statutory powers until January 30, 1992, when the Securities and Exchange Board of India Act was passed by the Parliament of India. SEBI supplanted the Controller of Capital Issues, which hitherto had regulated the securities market in India, as per the Capital Issues (Control) Act of 1947, one of the first acts passed by the Parliament of India following its independence from the British Empire.