Developmental Function: Developmental function refers to the steps taken by SEBI in order to provide the investors with a knowledge of the trading and market function. SEBI attempts to develop and promote the activities of the stock exchange through development function. The following activities are included as a part of developmental function.
The three development functions of SEBI are:
(i) Training of intermediaries of the securities market.
(ii) Conducting research and publishing information useful to all the market participants.
(iii) Undertaking measures to develop the capital markets by adapting a flexible approach.