1.

Explain the powers of SEBI.

Answer»

The various powers of a SEBI are explained below: 

1. Powers Relating to Stock Exchanges and Intermediaries: SEBI has wide powers to get the information from the stock exchange and intermediaries regarding their business transactions for inspection.

2. Power to Impose Monetary Penalties: SEBI has power to impose monetary penalties on capital market intermediaries for violations. 

3. Power to Initiate Actions in Functions Assigned 

4. Power to Regulate Insider Trading: SEBI has power to regulate insider trading or can regulate the functions of merchant banker. 

5. Powers Under Securities Contracts Act: For the regulation of stock exchange, the Ministry of Finance issued a notification, for delegating several of its powers under the securities contract Act.



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