Securities and Exchange Board of India Act establishes a regulator to protect investors and regulate securities markets. The Act is titled the Securities and Exchange Board of India Act, 1992, extends to the whole of India, and is deemed to have come into force on 30 January 1992. Its core purpose is to provide for the establishment of a Board to protect the interests of investors in securities, to promote the development of the securities market, and to regulate that market, together with matters connected therewith or incidental thereto.