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State any one protective and one development function of SEBI. Name the values observed by SEBI by fulfilling these functions.

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Protective functions:

(i) Controlling insider trading and impose penalties for such practices.

Development Function:

(i) Conduct in research and publishing information useful to various capital market participants.

Values:

(i) Concern for investor's interest: by protection from fraud.

(ii) Concern for development of market: by development functions.

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