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<h1>SEBI Act 1992 establishes regulatory board to protect investor interests and promote securities market development</h1> The Securities and Exchange Board of India Act, 1992 establishes a regulatory board to protect investor interests in securities and promote development and regulation of securities markets. The Act extends to the whole of India and is deemed to have come into force on January 30, 1992. It provides the foundational legal framework for securities market regulation in India through the establishment of the regulatory authority.