State any three Protective Functions of SEBI?

1.	State any three Protective Functions of SEBI?
Answer» Three protective functions of SEBI are as follows: (a) Prohibition of fraudulent and unfair trade practices like making misleading statements, price riggings, etc. (b) Controlling insider trading and imposing penalties for such practices. (c) Undertaking steps for investor's protection like registration of broker; audit of stock exchanges, registration of mutual funds etc.

Answer»

Three protective functions of SEBI are as follows:

(a) Prohibition of fraudulent and unfair trade practices like making misleading statements, price riggings, etc.

(b) Controlling insider trading and imposing penalties for such practices.

(c) Undertaking steps for investor's protection like registration of broker; audit of stock exchanges, registration of mutual funds etc.

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