SEBI (Securities and Exchange Board of India) is the regulatory authority that oversees and regulates the securities market in India to protect investors and ensure fair trading practices.
The :contentReference[oaicite:0]{index=0} was established in 1988 and given statutory powers in 1992. It is responsible for maintaining transparency, preventing fraud, and regulating the functioning of the stock market and financial intermediaries in India.
SEBI ensures that all participants follow rules, helping maintain trust and stability in the financial system. It also introduces regulations for IPOs, mutual funds, and trading practices.
"If a company tries to manipulate its stock price or insiders trade unfairly, SEBI can investigate and take action to protect investors."