Comparative Study on Regulatory Framework of Indian, Chinese and American Stock Exchange

This paper examines the regulatory framework governing the Stock exchanges of India, China and the United States highlighting their distinctive features and their day to day functioning. In addition to this paper also emphasize on their listing agreements. The regulatory environment in the market ensures market integrity, economic stability and investor protection. the regulatory authorities of India, Chinese and American Stock exchange has developed according to the needs of investor. Securities and Exchange Board (SEBI) enforced measures in order to maintain transparency. Securities and Exchange Commission (SEC) not only emphasis investor protection but also ensures prevention from fraud and market fairness. China Securities Regulatory Commission reflects the socialistic market. It not only incorporates state control but also emphasis market mechanism .