What are the functions of SEBI?
The Securities and Exchange Board of India (SEBI) was established to safeguard the interests of investors in the securities market.
It encourages the growth of the securities market while also regulating the industry.
Stockbrokers, sub-brokers, portfolio managers, investment advisers, share transfer agents, bankers, merchant bankers, trustees of trust deeds, registrars, underwriters, and other related professionals can use SEBI's platform to register and regulate their business.
Depositories, participants, custodians of securities, international portfolio investors, and credit rating organisations are all regulated by it.
It outlaws insider trading, which is defined as deceptive and unfair trading techniques in the securities market.