Give Current Affairs Quiz Online Test of 16 December 2020. Learn about Market watchdog Securities and Exchange Board of India (SEBI) has set up a particular office Corporation Finance Investigation Department (CFID) to handle first sale of stock (IPO) continue misrepresentation, redirection of assets, bank credits and assets by organization advertisers. Nagendraa Parakh, who is as of now heading Market Intermediaries Regulation and Supervision Department (MIRSD).