To promote orderly and healthy growth of securities market and protection of investors, Securities and Exchange Board of India was set-up. With reference to this statement, explain the objectives of. Securities and Exchange Board of India.
Objectives of SEBI :
- To regulate stock exchanges and the securities industry to promote their orderly functioning.
- To protect the rights and interests of investors, particularly individual investors, and to guide and educate them.
- To prevent fraudulent activities and malpractices.
- To regulate and develop a code of conduct for intermediaries with a view to make them competitive and professional.