Question

“SEBI is the watchdog of the securities market.” Do you agree? Give reasons in support of your answer.

Answer 1

Yes, I agree with this statement.

Reasons:

1. SEBI supervises activities in stock exchanges and the broader securities market.
2. It is responsible for registering and regulating intermediaries such as stock brokers, sub-brokers, share transfer agents, underwriters, and others involved in the securities market.
3. SEBI works to prevent deceptive practices and false statements in the market.
4. It also bans insider trading and other unfair practices like price manipulation.