SEBI unveils new logo on Its 35th Foundation Day

SEBI unveils new logo on Its 35th Foundation Day

Daily Current Affairs   /   SEBI unveils new logo on Its 35th Foundation Day

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Category : National Published on: April 17 2023

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  • The Securities and Exchange Board of India (SEBI) has unveiled a new logo on the occasion of the market regulator’s 35th Foundation Day on 12 April.
  • The new logo retains the traditional blue palette but also reflects on a more modern design.
  • Sebi’s new logo seeks to reflect the unique combination of its rich traditions and its new data and technology-based approach in all three areas of its mandate in the securities market–development and regulation of the securities market and investor protection.
  • Sebi was established on April 12, 1988, under the Ministry of Finance. However, the body was granted statutory powers in 1992.
  • Sebi functions as a quasi-judicial body and is to have more statutory powers than other market regulators like the Securities Exchange Commission (SEC) of the United States.
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