About Securities and Exchange Board of India

Will you please give me some information about Securities and Exchange Board of India as it is very urgent for me?

[Rajkumar Agarwal]

Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India. It was established in the year 1988 and given statutory powers on 12 April 1992 through the SEBI Act, 1992.

The SEBI is managed by its members, which consists of following:

The chairman who is nominated by Union Government of India.
Two members, i.e., Officers from Union Finance Ministry.
One member from the Reserve Bank of India.
The remaining five members are nominated by Union Government of India, out of them at least three shall be whole-time members.

Organization Structure:
Upendra Kumar Sinha was appointed chairman on 18 February 2014replacing C. B. Bhave.

The Board comprises:
Name Designation
Upendra Kumar Sinha Chairman
Nishant Rathi Whole Time Member
Rajeev Kumar Agarwal Whole Time Member
S Raman Whole Time Member
Prakash Chandra Joint Secretary,*Ministry of Finance
V. K. Jairath magya Member Appointed
Anand Sinha Deputy Governor,*Reserve Bank of India
Naved Masood Secretary, Ministry of Corporate Affairs
Raje Kumar Part Time Member

List of former Chairmen:
Name From To
U.K. Sinha 18-Feb-11 Present
C. B. Bhave 18-Feb-08 18-Feb-11
M. Damodaran 18-Feb-05 18-Feb-08
G. N. Bajpai 20-Feb-02 18-Feb-05
D. R. Mehta 21-Feb-95 20-Feb-02
S. S. Nadkarni 17-Jan-94 31-Jan-95
G. V. Ramakrishna 24-Aug-90 17-Jan-94
Dr. S. A. Dave 12-Apr-88 23-Aug-90

Powers:
For the discharge of its functions efficiently, SEBI has been vested with the following powers:

To approve by−laws of stock exchanges.sebi
To require the stock exchange to amend their by−laws.
Inspect the books of accounts and call for periodical returns from recognized stock exchanges.
Inspect the books of accounts of a financial intermediaries.
Compel certain companies to list their shares in one or more stock exchanges.
Registration brokers.

There are two types of brokers:

Circuit broker
Merchant broker

SEBI committees:
Technical Advisory Committee
Committee for review of structure of market infrastructure institutions
Advisory Committee for the SEBI Investor Protection and Education Fund
Takeover Regulations Advisory Committee
Primary Market Advisory Committee (PMAC)
Secondary Market Advisory Committee (SMAC)
Mutual Fund Advisory Committee
Corporate Bonds & Securitization Advisory Committee

Contact Details:
Securities And Exchange Board Of India
14th Floor, S E B I,
Earnest House,
Nariman Point
Mumbai,
Maharashtra 400021
India

Map Location:

[MAP]Securities And Exchange Board Of India[/MAP]