Write a short notes on S.E.B.I?
The Securities and Exchange Board of India is the regulator for the securities market in India. It was formed officially by the Government of India in 1992 with SEBI Act 1992 being passed by the Indian Parliament. SEBI is headquartered in the business district of Bandra-Kurla complex in Mumbai.SEBI has to be responsive to the needs of three groups, which constitute the market:the issuers of securitiesthe investorsthe market intermediaries.SEBI Committees:· Technical Advisory Committee · Committee for review of structure of market infrastructure institutions· Takeover Regulations Advisory Committee· Primary Market Advisory Committee (PMAC)· Secondary Market Advisory Committee (SMAC)· Mutual Fund Advisory Committee.