UNDER INTERNAL ADMINISTRATIVE ARRANGEMENTS, SEBI HAS DIVIDED ITS
ACTIVITIES INTO VARIOUS OPERATIONAL DEPARTMENTS:
PRIMARY MARKET DEPARTMENT
This Department looks after all policy matters and regulatory issues concerning primary market and the intermediaries. This Department also looks after matters relating to the formation and working of Self-Regulatory Organizations (SRO). This Department is also responsible for redressed of investor grievances.
ISSUE MANAGEMENT AND INTERMEDIARIES DEPARTMENT
This Department looks after filing and registration of offer documents. This department was earlier responsible for vetting offer documents. This Department is also responsible for registration and monitoring of issue related intermediaries.
SECONDARY MARKET DEPARTMENT.
One wing of this department looks after all the policy and regulatory issues and operations of the secondary market. It is also responsible for new investment products, market surveillance, insider trading, registration of brokers and administration of major stock exchanges.
The other wing looks after inspection of exchanges and regulation of non-market intermediaries like sub-brokers. It also oversees the functioning of smaller stock exchanges.
ACTIVITIES INTO VARIOUS OPERATIONAL DEPARTMENTS:
PRIMARY MARKET DEPARTMENT
This Department looks after all policy matters and regulatory issues concerning primary market and the intermediaries. This Department also looks after matters relating to the formation and working of Self-Regulatory Organizations (SRO). This Department is also responsible for redressed of investor grievances.
ISSUE MANAGEMENT AND INTERMEDIARIES DEPARTMENT
This Department looks after filing and registration of offer documents. This department was earlier responsible for vetting offer documents. This Department is also responsible for registration and monitoring of issue related intermediaries.
SECONDARY MARKET DEPARTMENT.
One wing of this department looks after all the policy and regulatory issues and operations of the secondary market. It is also responsible for new investment products, market surveillance, insider trading, registration of brokers and administration of major stock exchanges.
The other wing looks after inspection of exchanges and regulation of non-market intermediaries like sub-brokers. It also oversees the functioning of smaller stock exchanges.