SEBI was established in 1988, however, it rose to prominence only after it got regulatory powers on April 12, 1992, through the Securities and Exchange Board of India Act, 1992. It has played a major role in bringing the much-needed stability in the financial markets in India, by drawing foreign investors to India and by protecting the interest of the Indian investors. SEBI, governed by the government of India, has its headquarter in Bandra-Kurla Complex Business District, Mumbai. It also has regional offices.
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