It is a capital market watchdog.
The Preamble of the Securities and Exchange Board of India describes the basic functions of the Securities and Exchange Board of India as
"
...to protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incidental thereto"
The first chairman of SEBI was S.A Dave
The Preamble of the Securities and Exchange Board of India describes the basic functions of the Securities and Exchange Board of India as
"
...to protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incidental thereto"
| Formed | 12 April 1992 |
|---|---|
| Headquarters | Mumbai, Maharashtra |
| Agency executive | U. K. Sinha, Chairman |
