State the protective functions of Securities and Exchange Board of India.
Protective functions of Securities and Exchange Board of India:
- One of the major objectives of SEBI is to check malpractices such as insider trading, violation of rules and non-adherence to the Companies Act.
- SEBI provides investors with information about companies as required by them
- SEBI provides guidelines related to investment in securities. In this way, it enables investors to take well-informed decisions.
- SEBI provides a code of conduct for the trade practices of various intermediaries such as brokers and merchant bankers. It keeps a check on the activities of these intermediaries and provides them a competitive environment.
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Solution State the Protective Functions of Securities and Exchange Board of India. Concept: Securities and Exchange Board of India (SEBI).