"Stock exchange" means any body of individuals, whether incorporated or not, created for the purpose of helping, regulating, or controlling the activity of buying, selling, or dealing in securities, according to clause(j).
The Securities and Exchange Board of India (SEBI) is India's primary stock exchange regulator, formed under the SEBI Act 1992. Protecting investor interests, promoting, and regulating the Indian securities markets are among SEBI's key responsibilities.
The Depositories Act of 1996 governs securities depositories in India. The Depositories Act, 1996 was initially tabled in the Lok Sabha as the Depositories Bill, 1996 on July 11, 1996. The Bill was passed by the Lok Sabha on July 16, 1996, and the Rajya Sabha on July 23, 1996.
The Securities and Exchange Board of India (SEBI), which was founded in 1992 as an autonomous entity, regulates the entire stock exchange of India. In the event that laws and regulations are broken, SEBI has the authority to issue fines and penalties.
The Securities Contracts (Regulations) Act of 1956 (SCRA) is designed to "avoid unwanted securities transactions by regulating the business of dealing in securities." Derivatives, securities, specified, and spot delivery contracts are all defined in the SCRA.
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