The Securities and Exchange Board of India regulates the working of stock brokers and other intermediaries. SEBI protects the interest of investors. It may take necessary regulatory measures to maintain the rules and regulations in the securities market in India. It prohibits fraudulent and unfair trade practices in Securities market. SEBI prohibits insider trading in securities. It conducts inquiries of the stock exchange. It has the authority to inspect the self-regulatory organizations in the securities market. In this paper, an attempt has been made to analyse the role of SEBI in investors’ protection.

KEYWORDS: SEBI, Investors, Securities Market, Brokers.