Understanding Grievance Redressal In Securities Market
Step 1: Reach out to the intermediary or company concerned: If you encounter any issues in the securities market, your first step should be to get in touch with the intermediary or company concerned. They will assist in addressing your grievance. If the issue remains unresolved, you have the option to escalate it by reaching out to the relevant Stock Exchange or Depository regarding your stockbroker or the listed company.
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SEBI: Safeguarding Investor Interests in India’s Securities Market
The Securities and Exchange Board of India (SEBI) was established in 1992 as a statutory body, with the objective of regulating the securities market and safeguarding the interests of investors. SEBI oversees stock exchanges, commodity derivative exchanges and depositories.
Currently, the four primary legislations governing the securities market are as follows: