Who oversees and regulates the Underwritings by the Investment Bankers?



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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)


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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.