The Role of SEBI in India's Financial Markets: Safeguarding Integrity and Promoting Growth

The Securities and Exchange Board of India (SEBI) stands as the cornerstone of India's financial market regulation. Established in 1988 and granted statutory powers in 1992, SEBI's primary mandate is to protect investor interests, develop the securities market, and regulate its functioning. In a rapidly evolving financial landscape, SEBI's role has expanded to encompass a wide array of functions, ensuring that India's capital markets remain robust, transparent, and globally competitive. 1. Regulating Market Intermediaries and Exchanges SEBI's oversight extends to various market participants, including stock exchanges, brokers, sub-brokers, and other intermediaries. By setting stringent guidelines and enforcing compliance, SEBI ensures that these entities operate with integrity, thereby reducing the risk of fraud and malpractice. This regulatory framework fosters a fair and transparent trading environment, enhancing investor confidence. 2. Ensuring Fairness in...