Explanation:

All statements are correct.

• SEBI is a Statutory Body (a Non-Constitutional body which is set up by a Parliament) established on 12th April, 1992 in accordance with the provisions of the Securities and Exchange Board of India Act, 1992.

Background

• Before SEBI came into existence, Controller of Capital Issues was the regulatory authority, it derived authority from the Capital Issues (Control) Act, 1947.

• In April 1988 the SEBI was constituted as the regulator of capital markets in India under a resolution of the Government of India.

• Initially SEBI was a non-statutory body without any statutory power.

• It became autonomous and was given statutory powers by the SEBI Act 1992.

Functions

• It performs the triple functions as a quasi-legislative, quasi-judicial and quasi-executive body. 

• By Securities Laws (Amendment) Act, 2014, SEBI is now able to regulate any money pooling scheme worth Rs. 100 cr. or more and attach assets in case of non-compliance.

• SEBI Chairman has the authority to order "search and seizure operations". SEBI board can also seek information, such as telephone call data records, from any persons or entities in respect to any securities transaction being investigated by it.

Hence option 4th is correct.