Who are regulators?


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Regulators : The key agencies that have a significant regulatory influence, direct or indirect, over the securities market are currently as follows:

  • § The Company Law Board (CLB) which is responsible for the administration of the Companies Act,1956.
  • § The Reserve Bank of India (RBI) which is primarily responsible, inter alia, for the supervision of banks, money market, and government securities market.
  • § The Securities and Exchange Board of India (SEBI) which is responsible for the regulation of the capital market.
  • § The Department of Economic Affairs (DEA), an arm of the government, which, inter alia, is concerned with the orderly functioning of the financial markets as a whole.
  • § The Department of Company Affairs (DCA), an arm of the government, which is responsible for the administration of corporate bodies.
  • § The Insurance Development and Regulatory Authority (IRDA)
  • § FSDC.

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