Write Short Notes on Background of Establishment of SEBI.
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SEBI was set up by the central gvt with a view to protect the interest of investors in securities, to promote development of capital market, to regulate the securities market. it has assumed the status of an umbrella for the entire financial services sec tor for the indian economy.it has power to ensure fair practices by all those engaged in investment business like stock brokers, jobbers, unit trust management like insurance, insurance agents, persons, it isa manager of the managers of financial services.
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