The Financial Legal Regulation of the Securities Market of India

Abstract

The paper examines issues related to the financial and legal regulation of the securities market in India. The country’s stock market emerged during the colonial period, which was associated with the activities of the British East India Company. Later, after India gained independence, a set of regulatory legal acts was adopted that allowed for the necessary regulation of this market. A separate body was created in the state — the Securities and Exchange Board of India, which regulates and controls all transactions in the stock market. A Securities Appellate Tribunal was also established to consider disputes related to the activities of participants in this market. In the context of further development of public relations in India, proposals have been developed to facilitate the legalization of activities in the cryptocurrency market, which will attract significant investments in the country’s economy.