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In place of Government Control, a statutory and autonomous regulatory board with defined responsibilities, to cover both development & regulation of the market, and independent powers have been set up. Its head office is in Mumbai, and has regional offices in Chennai Kolkatta and Delhi. SEBI is the regulator of Securities markets in India.
The basic objectives of the Board were identified as:
• to protect the interests of investors in securities;
• to promote the development of Securities Market;
• to regulate the securities market and
• for matters connected therewith or incidental thereto...
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Common topics in this essay:
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