Securities Laws

Unit I — Introduction

Meaning of ‘securities’ · Kind of securities · Shares and debentures · Hybrid securities · Government securities-Depository Receipts · Need for securities market regulation · Securities Market and Economic growth-Securities market reforms · International organization of securities commissions (IOSCO)

Unit II — Securities Market

Securities markets regulation · Jurisdiction, powers and functions of SEBI · Control over stock exchanges · Primary market-secondary market · Governance of stock exchanges-Corporatization and demutualization of Stock exchanges · Depositories · dematerialization · Stock Exchanges in International Financial Service Centres.

• SEBI — formation of SEBI Board, role of SEBI (Banking Companies and NBFC's)

Unit III — Role of Market Intermediaries

Securities market intermediaries · Regulatory controls · Stock exchanges · merchant bankers · credit rating agencies · Underwriters · share transfer agents-Clearing corporations, Credit Rating agencies-Self-regulatory organizations (SRO).

Unit IV — Trading in Securities

Sale and Purchase of securities-Investor Protection · Role of SEBI · Redressal of grievances · Prohibition of fraudulent trade practices–Market manipulation-Insider Trading.

• SEBI — formation of SEBI Board, role of SEBI (Banking Companies and NBFC's)
• Insider Trading

Unit V — Alternate Investment Funds

Mutual funds, venture capital funds, angel funds, collective investment schemes · Hedge Funds · Real Estate Investment funds · Private Equity.