The next are the major contributions of SEBI.
- Enhancement of Corporate Governance : SEBI has taken steps to get upwardly the grade of corporate governance.
- Improving the Accounting Standards : The accounting standards of firms too intermediaries induce got been improved.
- Increase inwards Number of investigtions : The markets induce got been placed nether surveillance through measures such equally stock lookout adult man system, on-line surveillance arrangement at stock exchanges, inspection of intermediaries too and hence on. The release of investigations past times SEBI too the persons investigated has been on the rise.
- Acceleration of Scripless Trading : The physical care for of dematerialisation too scripless trading has been accelerated.
- Trading inwards Derivatives : Trading inwards derivatives has been introduced alongside appropriate infrastructure. Derivatives are those assets whose value is determined from the value of but about underlying assets which may last equity, commodity, currency etc. These are used for the occupation of reducing risk. The dissimilar forms of derivatives are options, futures, swaps etc.
- Reduction of No Delivery Period : ‘No delivery’ catamenia on the stock exchanges is reduced.
- Rolling Settlement System : Rolling Settlement System has been introduced.
- Reduction of Transaction Cost : Transaction costs induce got been gradually reduced through rationalization of margin systems.
- Trading of Debt Securities : Trading inwards debt securities induce got been introduced.
- Streamling the Procedure for Issue : Systems too procedures for result of working capital missive of the alphabet were streamlined.
- Freedom to result Shares of whatever Denomination : Granting liberty to companies to result shares inwards whatever denomination but non below Re. 1.
- Enhancing the Operational Efficiency : Operational efficiency of the marketplace participants has been enhanced past times providing full, relevant, accurate too timely data through computerized hide based trading .
That’s all for directly friends. Happy Reading 🙂