Securities and Exchange Board of India (SEBI)
Role and Powers
SEBI is India's statutory capital markets regulator, established under the Securities and Exchange Board of India Act, 1992. It has three-fold functions: protective (investor protection), developmental (market development), and regulatory (regulating market intermediaries and practices). SEBI's board, chaired by a Chairperson and consisting of whole-time members plus government nominees, meets periodically to approve regulatory changes. SEBI regulations have statutory force and are binding on all market participants.
- SEBI Act, 1992: empowers SEBI to regulate stock exchanges, brokers, depositories, mutual funds, and other intermediaries.
- SEBI headquarters: Mumbai. It also has regional offices in Delhi, Kolkata, Chennai, and Ahmedabad.
- SEBI has quasi-judicial powers: can hold inquiries, impose penalties, issue cease-and-desist orders, and debar market participants.
- SEBI (Mutual Fund) Regulations, 1996: primary regulatory framework for mutual funds in India.
● Tracked since February 04, 2026 · last seen June 19, 2026 · updates as the daily brief publishes
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