SEBI Full Form- Security and Exchange Board of India

Security and Exchange Board of India is a statutory body that came into force on 30th January 1992. SEBI was formed to protect the interests of investors and enhance the investing securities along with regulation of the security market.

More About SEBI

• SEBI was established as a non-statutory body on the 12th of April 1992 by the government of India.
• Later, it was established as a statutory body and came into force on 30th January 1992.
• SEBI headquarters are located in Mumbai.
• The regional headquarters are present in New Delhi, Kolkata, Chennai, and Ahamadabad.
• SEBI extends into various segments that include the financial market, stock exchanges, mutual funds, portfolio managers, investment advisers, etc.
• SEBI focuses on protecting investors by regulating and developing the security market, preventing insider trading, promoting fair practices, and banning and taking measures against fraudulent and unfair trade practices 
• SEBI consists of 20 departments, each with its respective departmental head. 
• These departments are, in turn, administered by a hierarchy in general.
• The regulatory body of SEBI consists of several members. This includes 2 chairmen appointed by the Union Government of India, 2 members from the Union Finance Ministry, 1 member from RBI, and other 5 members who the Union government appoints.
• SEBI enjoys several powers that help the regulatory body function effectively. These powers can be categorised into 3 categories, namely, quasi-judicial, quasi-executive, and quasi-legislature.