
Stock Exchanges in India | 153
S. No. Name of the Department Major Activities
1. Market Intermediaries Registration, supervision, compliance
Registration and Supervision monitoring, and inspections of all market
Department (MIRSD) intermediaries in respect of all segments of
the markets, viz., equity, equity derivatives,
debt, and debt-related derivatives
2 Market Regulation Department Formulating new policies and supervising
(MRD) the functioning and operations (except
relating to derivatives) of securities
exchanges, their subsidiaries, and market
institutions, such as clearing and settlement ...