What is the role of SEBI in India?

The Securities and Exchange Board of India (SEBI) is the regulatory authority responsible for overseeing the securities market in India. Established in 1992, its primary role is to protect the interests of investors, promote the development of the securities market, and ensure its orderly functioning. SEBI regulates stock exchanges, brokers, portfolio managers, and other market participants. It frames policies, monitors trading activities, prevents fraudulent practices, and enforces compliance with securities laws. Additionally, SEBI reviews and approves public issue documents such as IPOs to ensure accurate disclosure of information. By maintaining transparency and fairness in the market, SEBI builds investor confidence and supports economic growth. Its regulatory actions aim to create a safe, efficient, and well-structured capital market in India.