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New premises of SEBI local office at Jaipur inaugurated

EBI has already opened Local Offices at Indore, Bengaluru, Hyderabad, Guwahati, Chandigarh, Lucknow, Bhubaneswar and Kochi.

January 07, 2014 2:18 IST | India Infoline News Service
DR Mehta, Former Chairman, Securities and Exchange Board of India, inaugurated the new premises of the Local Office of SEBI at Jaipur on Monday, in the presence of UK Sinha, Chairman, SEBI.

The Jaipur Local Office of SEBI is located at Ground Floor, Jeevan Nidhi 2, LIC Building, Ambedkar Circle Jaipur 302005.

The mandate entrusted to SEBI by the Parliament is threefold - protection of the interests of the investors in securities, regulation of the securities market and development of the securities market.

For promoting a balanced pan India Securities market and in order to bring physical proximity of SEBI Offices to the investors and intermediaries, SEBI has decided to open Local Offices in various parts of the country. SEBI has already opened Local Offices at Indore, Bengaluru, Hyderabad, Guwahati, Chandigarh, Lucknow, Bhubaneswar and Kochi.

The jurisdiction of the Local Office at Jaipur whose new premises was inaugurated today extends to Rajasthan. The Local office of Jaipur is under the administrative control and jurisdiction of SEBI's Regional Office at Ahmedabad.

The functions of the Jaipur Local Office includes facilitating the redressal of investor grievances against listed companies and market intermediaries, spread investor education and financial literacy, processing the applications for Investment Advisors within its jurisdiction and such other functions as may be delegated from time to time to the Local Offices.

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