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The Securities
and Exchange Board of India (SEBI) has been mandated to protect the
interests of investors in securities and to promote the development of and
to regulate the securities market so as to establish a dynamic and
efficient Securities Market contributing to Indian Economy.
SEBI
strongly believes that investors are the backbone of the securities market.
They not only determine the level of activity in the securities market but
also the level of activity in the economy.
However,
many investors may not possess adequate expertise/knowledge to take
informed investment decisions. Some of them may not be aware of the
complete risk-return profile of the different investment options. Some
investors may not be fully aware of the precautions they should take while
dealing with market intermediaries and dealing in different securities.
They may not be familiar with the market mechanism and the practices as
well as their rights and obligations.
In this backdrop, SEBI launched a comprehensive
education campaign aimed at creating awareness among investors about securities market, which has
been christened – “Securities Market
Awareness Campaign” (SMAC). The motto of
the campaign is – ‘An Educated
Investor is a Protected Investor.’
The campaign
was launched at the national level by the then Prime Minister, Shri Atal
Bihari Vajpayee, on January 17,
2003.
The national launch was closely followed by launches in 12 states.
The structural foundation of the campaign is based on workshops that are
being conducted all across the country with the continued and active participation of market participants,
market intermediaries, Investors Associations etc., to spread SEBI’s message of “Invest With Knowledge”.
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