SEBIs

SEBIs is an acronym that is occasionally used as a plural form referring to securities regulatory bodies, but the most widely recognized term is SEBI, which stands for the Securities and Exchange Board of India. SEBI is the primary statutory regulator of the Indian securities markets, tasked with protecting investor interests, promoting fair and transparent markets, and fostering the development of the securities ecosystem. It was established under the SEBI Act of 1992 and began operations the same year.

SEBI’s core functions include registering and regulating market intermediaries such as brokers, merchant bankers, depositories, mutual funds, and rating agencies; regulating stock exchanges and listing requirements; setting rules for trading, takeovers, buybacks, and corporate disclosures; monitoring for insider trading and market manipulation; and conducting investigations and enforcement actions. The agency also undertakes investor education and awareness programs and works to enhance market integrity, governance, and the overall efficiency of the securities market.

Governance and operations are centered on a chairman and a board composed of whole-time and part-time members, supported by departments for investigation, enforcement, policy, and market development. SEBI uses inspections, market surveillance, adjudicatory proceedings, and penalties to enforce compliance and maintain orderly markets. Its activities are overseen by Parliament and coordinated with other financial regulators and government bodies, including the Reserve Bank of India and the Ministry of Corporate Affairs.

Note on usage: SEBIs as a plural form is uncommon and may appear in informal references to multiple regulators or in international discussions. The formal entity in India is SEBI.