Wednesday, August 19, 2009

Functions of SEBI

FUNCTIONS OF STOCK EXCHANGE

The functions performed bya stock exchanged are as followes:

1.ready market.

2.mobilisation of savings.

3.evaluation of securities.

4.capital formulation.

5.proper channalisation of capital

6.fair dealings.

7.control of corporate sector.

8.barometer of business progress.




FUNCTIONS :


To provide the development of andto regulate the securities market sebi undertakes the following functions.

1.Regulating the business in stock exchange.

2. Regestering and regulating the working stock brokers,sub brokers,issue bankers,and other
intermediars.

3.Regestering and regulating to working of collective investment schemes including mutual funds.

4.Promoting and regulating self-regulatory organizations.

5.Prohibiting insider trading in securities.

6.Prohibiting fradulment and unfair trade practice relating to securities market.

7.Promoting investors education and training of intermediars of securities market.

8.Regulating substancial acquision take over of companies.

9.calling for informations from, undertaking inspection. Conducting inquires and audits of the stock exchanges.

10.Performing such functions as may be delegated to it by the central government.

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