Full Form of SEBI | SEBI Full Form | What is SEBI | About SEBI
Full Form of SEBI is Securities and Exchange Board of India: Securities and Exchange Board of India, established on twelve Apr 1992, is the regulator for the stock exchange in India. It’s headquartered in Mumbai and has its regional offices in Chennai, New Delhi, Kolkata and Ahmedabad. The most objectives of SEBI is to guard the interest of investors in securities and to push the development of stock exchange.
To perform properly Securities and Exchange Board of India has been invested with some necessary powers Which are as follows:-
Levy fees and different charges on the intermediaries for performing its functions
Compel certain corporations to list their shares in one or a lot of stock exchanges
Inspect the books of accounts of a monetary intermediary
Delegate powers exercisable by it
According to Wikipedia:
The Securities and Exchange Board of India (SEBI) is the regulator for the securities market in India. It was established in the year 1988 and given statutory powers on 30 January 1992 through the SEBI Act, 1992. Securities and exchange Board of India (SEBI) was first established in the year 1988 AQF as a non-statutory body for regulating the, securities market. It became an autonomous body by The Government of India on 12 April 1992 and given statutory powers in 1992 with SEBI Act 1992 being passed by the Indian Parliament. SEBI has its headquarters at the business district of Bandra Kurla Complex in Mumbai, and has Northern, Eastern, Southern and Western Regional Offices in New Delhi, Kolkata, Chennai and Ahmedabad respectively. It has opened local offices at Jaipur and Bangalore and is planning to open offices at Guwahati, Bhubaneshwar, Patna, Kochi and Chandigarh in Financial Year 2013 – 2014.
Controller of Capital Issues was the regulatory authority before SEBI came into existence; it derived authority from the Capital Issues (Control) Act, 1947.
Initially SEBI was a non statutory body without any statutory power. However, in 1992, the SEBI was given additional statutory power by the Government of India through an amendment to the Securities and Exchange Board of India Act, 1992. In April 1988 the SEBI was constituted as the regulator of capital markets in India under a resolution of the Government of India.