SEBI ESTABLISHMENT OF SEBI The Securities and commuting Board of India was established on April 12, 1992 in accordance with the provisions of the Securities and Exchange Board of India Act, 1992. PREAMBLE The premise of the Securities and Exchange Board of India describes the basic functions of the Securities and Exchange Board of India as ...to protect the interests of investors in securities and to promote the development of, and to regulate the securities mart and for matters connected therewith or incidental thereto 1. merchandise INTERMEDIARIES REGULATION AND superintendence DEPARTMENT (MIRSD) The Market Intermediaries Regulation and charge Department is liable for the registration, supervision, compliance monitoring and inspections of all commercialize intermediaries in keep an eye on of all segments of the markets videlicet equity, equity derivatives, debt and debt colligate derivatives. The Department excessively handles the make for coll igate to action against the intermediaries for regulatory violations (As regards action it is handsome that the current coif of issuing show cause notices, particular date of interrogative/Adjudication officers and consequential action up to serving of electric tone downs arrangement and maintenance of database will be with the sensation Divisions). The following divisions will perform the functions of the department. 1.
1 MIRSD-1 (A-M) This division would timbre later on work relating to registration, monitoring, supervision, inspection, investor grievances and policy related issu es of production line Brokers and Fees rela! ted matters including coordination of thickset proceedings. 1.2 MIRSD-2 (N-Z) This division would look aft(prenominal) the work relating to Registration, monitoring, supervision, inspection, investor grievances and policy related issues of Stock Brokers and Sub-Brokers. 1.3 MIRSD-3 This division would look after the work relating to Registration, monitoring, supervision, inspection, investor...If you hope to get a full essay, order it on our website: BestEssayCheap.com
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