1.

What is the power of SEBI under securities Contract Act?

Answer»
  • For effective regulation of stock exchange, the Ministry of Finance issued a Notification on 13 September, 1994 delegating several of its powers under the Securities Contracts (Regulations) Act to SEBI.
  • SEBI is also empowered by the Finance Ministry to nominate three members on the Governing Body of every stock exchange.


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