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Securities And Exchange Board of India Act, 1992

Section - 11 - Functions of Board

CHAPTER IV

POWERS AND FUNCTIONS OF THE BOARD

Functions of Board.

11. (1) Subject to the provisions of this Act, it shall be the duty of the Board to protect the interests of investors in securities and to promote the development of, and to regulate the securities market, by such measures as it thinks fit.

(2) Without prejudice to the generality of the foregoing provisions, the measures referred to therein may provide for-

(a)-regulating the business in stock exchanges and any other securities markets;
(b)-registering and regulating the working of stock brokers, sub-brokers, share transfer agents, bankers to an issue, trustees of trust deeds, registrars to an issue, merchant bankers, underwriters, portfolio managers, investment advisers and such other intermediaries who may be associated with securities markets in any manner;
[(ba)-registering and regulating the working of the depositories [, participants], custodians of securities, foreign institutional investors, credit rating agencies and such other in .... To read the full section download the app from Google Play store

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