Assess the effectiveness of SEBI in fulfilling its envisaged role of regulating the securities market, ensuring transparency, and protecting investors' interests.
Main Body
SEBI was established in 1989
and accoreled statutory status
under SEBI Act, 1992.
Assessment of SEBI:
(+) Smooth functioning of stock market
as BSE is Xth largest and NSE
Xth largest in world
(-) Controversy around appointment of
Chitra Lewthishire as NSE chairperson
or Co-location scam at NSE
(+) Timely declaration of audit
reports by listed companies
(-) insider trading (Rejat Gupta)
or use of advanced algorithms
(+) Regularly conduct education drives,
awareness campaigns for cyber
safety against cyber fraud, she
(-) Pump and dump or IPO exit scam
EG Zomato listed at 2200, today
at 450 with promoters exiting
after rising huge profits
while small investors lost money
In the face of Hindustan allegations,
there is need to strengthen the SEBI
structure.
Conclusion
In the face of Hindustan allegations, there is need to strengthen the SEBI structure.
14 words
BHAVESH JAGLAN
Statutory, Regulatory and Quasi-judicial Bodies
Regulatory Bodies
Regulatory Bodies
149
Total words
9
Paragraphs
analytical and evaluative
Tone