SEBI Established: | April 12, 1988. |
SEBI Headquarters: | Mumbai, Maharashtra, India. |
SEBI Objective: | To protect the interests of investors in securities, to promote the development and to regulate the securities market. |
SEBI Parent Organization: | Ministry of Finance, Government of India. |
SEBI stands for the Securities and Exchange Board of India. The SEBI is the regulatory body for securities and commodity markets in India and works under the Ministry of Finance, Government of India.
SEBI was established as a non-statutory body on April 12, 1988, through a resolution of the Government of India, and acquired as a statutory body status in the year 1992 and the provisions of the SEBI Act, 1992 came into force on January 30, 1992.
The main objectives of SEBI are to protect the interests of investors in securities, to promote the development and to regulate the securities market.
The headquarters of SEBI is situated in Mumbai, Maharashtra.
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“.
There are about 900 employees who work in SEBI.