New Delhi: Capital markets regulator SEBI The process of appointing 49 people was started on Tuesday Officials in various departments this year, a move that will help in its faster and more effective execution Regulatory roleThe decision comes after the Securities and Exchange Board of India (SEBI) invited applications for 97 senior-level positions in March.
Link to submit application Application Online was originally scheduled to open on April 13.However, it was decided to postpone it due to the scheduling of the general elections.
Now, in a fresh notice on Tuesday, Sebi has invited applications for 49 posts of Officer Grade A (Assistant Manager) for General, Legal, Information Technology, Engineering Electrical, Research and Official Language streams.
The link for submitting online applications will remain open till June 30.
The regulator plans to fill 34 posts in the general stream, 10 in information technology, two in the legal team and one each in engineering (electrical), research and official language departments.
The selection will be done in three phases starting from July 27.
SEBI has been increasing its staff strength over the past few years. In July 2022, the regulator invited applications for 25 senior-level officers in the information technology department.
In January 2021, the market regulator invited applications to recruit 120 Officer Grade A (Assistant Manager) across various streams. In March 2020, the regulator invited applications for 147 senior-level officers and nearly 1.4 lakh people applied for these posts.
SEBI, formed by the government in 1988, was given statutory powers after the SEBI Act was passed in 1992 following the Harshad Mehta scam that hit the Indian markets. According to its preamble, SEBI is mandated to protect the interests of investors in securities as well as to promote and regulate securities markets.
It regulates trading on stock exchanges and other securities markets, registers and regulates various market intermediaries including brokers, merchant bankers, registrars, portfolio managers and investment advisers as well as foreign portfolio investors, credit rating agencies, mutual funds and venture capital funds.
Further, SEBI is empowered to investigate fraudulent and unfair trade practices, insider trading and other manipulative activities.
Link to submit application Application Online was originally scheduled to open on April 13.However, it was decided to postpone it due to the scheduling of the general elections.
Now, in a fresh notice on Tuesday, Sebi has invited applications for 49 posts of Officer Grade A (Assistant Manager) for General, Legal, Information Technology, Engineering Electrical, Research and Official Language streams.
The link for submitting online applications will remain open till June 30.
The regulator plans to fill 34 posts in the general stream, 10 in information technology, two in the legal team and one each in engineering (electrical), research and official language departments.
The selection will be done in three phases starting from July 27.
SEBI has been increasing its staff strength over the past few years. In July 2022, the regulator invited applications for 25 senior-level officers in the information technology department.
In January 2021, the market regulator invited applications to recruit 120 Officer Grade A (Assistant Manager) across various streams. In March 2020, the regulator invited applications for 147 senior-level officers and nearly 1.4 lakh people applied for these posts.
SEBI, formed by the government in 1988, was given statutory powers after the SEBI Act was passed in 1992 following the Harshad Mehta scam that hit the Indian markets. According to its preamble, SEBI is mandated to protect the interests of investors in securities as well as to promote and regulate securities markets.
It regulates trading on stock exchanges and other securities markets, registers and regulates various market intermediaries including brokers, merchant bankers, registrars, portfolio managers and investment advisers as well as foreign portfolio investors, credit rating agencies, mutual funds and venture capital funds.
Further, SEBI is empowered to investigate fraudulent and unfair trade practices, insider trading and other manipulative activities.