P R E S E N T E D B Y

G . U M A M A H E S W A R I .

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SEBI AND ITS FUNCTION

• Formed 1992.

• SCRA.

• Started as a regulatory body.

• Protects the interest of the investors

• Ensure fair practices.

• To promote efficient services by brokers, merchant bankers.

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THE WATCHDOG OF INDIAN CAPITAL MARKET

An eye on the activities of the S.E

Regulatory function

Development function

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MALEGAM COMMITTEE

Formed in 1992. Reports - the disclosure and investor protection.

Major recommendations accepted.

The prospectus- expenditure disclosure

The ad relevancy

Details of the true offer document

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RECENT CHANGES BROUGHT DOWN BY SEBI

1. Disclosure of dividend for each share.

2. No percentage

3. coupon rate.

NEW REGULATIONS GIVEN BY SEBI

• In this presentation I am going to give some new norms provided by the Securities Exchange Board of India.

• Regulations on Jan 6,2014

• Regulations on Feb 24,2014

• Regulations on Feb 26,2014

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Formation of a self regulatory organisation(SRO) for M.F distributors.

3 organisations in the fray to be selected as SRO for fund distributors.

Hear queries and complaints from investors as well as regulate any violation of rules.

Reduction of SEBI’s workload.

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AS ON JAN

SEBI AND IOSCO

A signatory to the IOSCO

Provides cooperation and information exchange

principles of IOSCO: “Set out when and how they will share both public and non public information with their domestic and foreign counterparts’’.

Entered several bilateral MoU

US, Malaysia, Mauritius and Hong Kong.

Information by U K Sinha.

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SEBI REGULATIONS FOR INDEPENDENT DIRECTORS

New regulation as on Oct,2014

Details announced on Feb 24th – Resignation of Independent directors.

Independent and non-executive directors.

Independent directors provide detail of their resignation, if its personal reason.

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AS ON FEB 26TH,2014

Details announced on Feb 26th –Limits on the maximum no of directorship

Minimum three, maximum seven. This may lead to resignation of 100 independent directors.

Pranav Haldea, MD, Prime database says that this norm may help the directors to focus on some companies by spending more time.

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REFERENCES

Economic Times

The Financial Express

Security Analysis and Portfolio Management by Donald E. Fischer and Ronald J. Jordan

SEBI and Securities Market in India by D.Sakriya

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THANK YOU!!!

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