Question Q.4GS2GS2

Assess the effectiveness of SEBI in fulfilling its envisaged role of regulating the securities market, ensuring transparency, and protecting investors' interests.

Main Body

Securities and Exchange Board of India SEBI was established under SEBI Act 1992, to regulate securities market, in light of Harshad Mehta scam. Stock Broker listing rules via Guidelines - SEBI listing rules Functions of SEBI: - Regulating market via guidelines - SEBI listing rules - Investor education u/a 19 IEPF - Punitive action against insider trading. Effectiveness of SEBI: the good • Successful in improving market transparency. - ESG reporting for companies on stock exchange • More precise and stringent regulations

Red listing prospective rules DRHP section 1244 amendment. ii Investor education - Campaign like "SEBI Keha hai" IEPF fund for compensation of loss. iii PACL case Ineffectiveness of SEBI: the bad • Failed to curb insider trading. - Arshad Warsi case • International confidence is low - Recent Hindenburg allegation • Issue of both regulator & quasi-judicial authority - SEBI both makes ruled & adjudicates via SEBI tribunal • Issue of market disruption

Here, following improvements transparency, capacity building is required for clearing & regulating our markets.

170 words1 paragraphs1 bullet points

Conclusion

Issue of market disruption

4 words

Open original scan

Page 7

Topper

LAKSHAY AGGARWAL

AIR 1642025

Subject & Paper

GS2GS2

Topic

Statutory, Regulatory and Quasi-judicial Bodies

Regulatory Bodies

Writing Stats

174

Total words

Paragraphs

Bullets

analytical

Tone