Sebi's Enforcement Powers And Mechanisms
- IJLLR Journal
- Apr 30
- 1 min read
Shan Sharan, Amity University, Noida
ABSTRACT
Within the sphere of Indian capital markets, which underwent rapid changes with the advancement of technology and globalization, there arose a need for proper legislation to regulate these markets. As a result, a regulatory body was established, the Securities and Exchange Board of India (SEBI). The chapter tries to explain the dynamic nature of the SEBI Act and gives an in- depth analysis of the enforcement actions taken by SEBI.
The research aims to combine legal analysis with public policy evaluation of SEBI's enforcement actions, which are extensive actions that comprise all the executive and judicial measures taken by the government. An Evaluation Policy achieves leverage by exposing issues of effectiveness, efficiency, or consequence of activity or resource use. It seeks to explain the practical results of legislation or administrative processes undertaken while their intent is political. A general review of legislation about enforcement actions shows some form of legislative instruction; however, there is a wide gap between the intent and effect of such legislation. Most rules designed to protect private-sector investors are filled with opportunities for fraud.
Keywords: SEBI, capital markets, enforcement mechanisms, SEBI Act 1992, quasi-judicial powers, PFUTP Regulations, market surveillance, insider trading, algorithmic trading, investor protection, artificial intelligence in regulation, whistleblower mechanisms, financial misconduct, regulatory technology, securities fraud, data analytics, cross-border enforcement, Securities Appellate Tribunal, RegTech, global financial regulation
