The Role Of Stock Market Intermediaries And The Impact Of Regulatory Laws In India
- IJLLR Journal
- May 3
- 1 min read
C Olive Regan, BBA LLB, CHRIST (Deemed to be University), Delhi NCR
ABSTRACT
The title of this Research Paper is to assess the relevance of stock market intermediaries in the Indian financial market. The brokers, dealers, and investment bankers are stock market intermediaries. The activity of these intermediaries is highly dependent on the SEBI regulatory framework. The paper attempts to discuss this entire interrelationship between the working of intermediaries and the influence of regulators on the market performance. Intermediaries increase liquidity and decrease information asymmetry as they facilitate transactions; hence, the regulatory framework has a tremendous influence on the workings of the intermediaries.
In this regard, the study focuses on these key areas, like licensing, capital adequacy, risk management, and disclosure, as far as various intermediaries are concerned. A study on the impact of these regulations on the behavior of intermediaries, market efficiency, and protection of investors is then undertaken. The paper then finally proposes some suggestions for the improvement of the regulatory framework for intermediaries. This research intends to examine the very complex interactions existing between intermediaries and regulators; thus, this research would assist in strengthening a robust and effective Indian securities market.
