Who oversees and regulates the Underwritings by the Investment Bankers?

Who is responsible for ensuring ethical business transactions by the Investment bankers when they represent not only the issuers but also the buyers of the issue?

1 Answer(s)


All the issues that take place in the stock market are regulated & strictly monitored by the Securities & Exchange Board Of India(SEBI). It is a primary body for governance of securities market in India. It ca initiate proceedings against any company when it deems it is appropriate. Recently, it ordered Sahara India to refund a stipulated sum to their investors because it was deemed that the transactions entered by the company were not genuine & unethical. Also, there are minimum capital/deposit requirements for people willing to act as investment bankers so that the loss caused by them to the general public can be made good.