and Exchange Board of India (SEBI). The Union government on Thursday appointed him.

He replaced Madhabi Puri Buch. He  is now the 11th chairman of the Board. Pandey is a 1987 batch IAS officer of Odisha cadre.

SEBI

The Securities and Exchange Board of India established in the year 1988 and given statutory powers on April 12, 1992 in accordance with the provisions of the Securities and Exchange Board of India Act, 1992. The Preamble of the Securities and Exchange Board of India describes the basic functions of the Securities and Exchange Board of India as
“…to protect the interests of investors in securities and to promote the development of, and to regulate the securities market and for matters connected therewith or incidental thereto”

The headquarters of SEBI located is located in Mumbai.

Union Government of India nominates SEBI Chairman.

Meets the needs of Investors, Market intermediaries, and Issuers of securities.

The Chairman appointed for 5 years.

Dr. S. A. Dave was the first chairman of SEBI.

SEBI regulates and monitors the stock market

Capital markets are basically financial markets where sellers and buyers interact. They trade stocks, currencies, bonds, and other financial instruments.

The primary capital Market. When the company first time publicly sells the new bonds and stocks. The new issue converts into the initial public offering (IPO).

The secondary market earlier allotted securities traded among investors.

Capital Market Instruments: Equities, Debt securities, Derivatives, Exchange-traded funds, and Foreign exchange instruments

The money market is where short-term debt and lending takes place, usually for one year or less. The capital market where long-term assets, such as stocks and bonds, traded

Money Market Instruments Treasury bills, Certificate of deposits, Commercial paper, Repurchase agreements Banker’s acceptance.

THE WAY FORWARD FOR SEBI

SEBI needs to adopt a more proactive and transparent approach.

It needs to enhance Market Surveillance and monitoring. To detect and prevent fraudulent activities more effectively.

SEBI needs to regulate IPOs more vigorously. In need to ensure that companies do not issue overvalued shares that could harm investors

It also need to strengthen Insider Trading Regulations:

Need to increasing Transparency to Foster public trust

Investor Education: Develop programs to educate investors about market risks and fraud prevention.

Leveraging Technology: Use advanced technology and data analytics to improve market monitoring and enforcement.