Powers of SEBI
The of import powers of blogspot.com//search?q=role-functions-of-sebi-in-monitoring">SEBI (Securities together with Exchange Board of India) are:-
Figure 1. Image or film of SEBI's official logo.
1. Powers relating to stock exchanges & intermediaries
SEBI has broad powers regarding the blogspot.com//search?q=role-functions-of-sebi-in-monitoring">stock exchanges together with intermediaries dealing inwards securities. It tin dismiss inquire data from the stock exchanges together with intermediaries regarding their blogspot.com//search?q=role-functions-of-sebi-in-monitoring">business transactions for inspection or scrutiny together with other purpose.
2. Power to impose monetary penalties
SEBI has been empowered to impose monetary penalties on blogspot.com//search?q=role-functions-of-sebi-in-monitoring">capital market intermediaries together with other participants for a hit of violations. It tin dismiss fifty-fifty impose interruption of their registration for a brusque period.
3. Power to initiate actions inwards functions assigned
SEBI has a ability to initiate actions inwards consider to functions assigned. For example, it tin dismiss number guidelines to dissimilar intermediaries or tin dismiss innovate specific rules for the protection of interests of investors.
4. Power to regulate insider trading
SEBI has ability to regulate insider trading or tin dismiss regulate the functions of merchant bankers.
5. Powers nether Securities Contracts Act
For effective regulation of stock exchange, the Ministry of Finance issued a Notification on thirteen September, 1994 delegating several of its powers nether the Securities Contracts (Regulations) Act to SEBI.
SEBI is too empowered yesteryear the Finance Ministry to nominate iii members on the Governing Body of every stock exchange.
6. Power to regulate draw of piece of job organization of stock exchanges
SEBI is too empowered to regulate the draw of piece of job organization of stock exchanges, intermediaries associated amongst the securities marketplace equally good equally usual funds, fraudulent together with unfair merchandise practices relating to securities together with regulation of acquisition of shares together with takeovers of companies.
