Tag: Stock Brokers
SEBI modifies Investor Charter for Stock Brokers. In a move to enhance financial consumer protection alongside enhanced financial inclusion and financial literacy and in view of the recent developments in the securities market including introduction of Online Dispute Resolution (ODR) platform and SCORES 2.0, SEBI has modified Investor …
SEBI mandates System Audit of Stock Brokers. Prescribes eligibility criteria for empanelment of auditors SEBI vide Master Circular No. SEBI/HO/MRD2/PoD-2/CIR/P/2023/171 dated October 16, 2023 specified the comprehensive framework for System Audit for Stock Brokers (SBs)/Trading Members (TMs). SEBI has issued Circular No. SEBI/HO/MIRSD/TPD/CIR/2025/10 dated 31.01.2025 to introduce technology …
Qualified Stock Broker. – SEBI prescribes qualifying parameters and responsibilities SEBI vide notification No. SEBI/LAD-NRO/GN/2023/116 has amended the Securities and Exchange Board of India (Stock Brokers) Regulations, 1992 by notifying the Securities and Exchange Board of India (Stock Brokers) (Amendment) Regulations, 2023 defining a Qualified Stock Broker. The …
Maintenance of current accounts in multiple banks by Stock Brokers Stock brokers may open appropriate no. of current accounts in multiple banks – SEBI SEBI vide circular no. SMD/SED/CIR/93/23321dated November 18, 1993 on “Regulation of Transactions between Clients and Brokers” mandated that all the stock brokers shall keep …
Membership Fee paid to Stock Exchange is Capital Expenditure applying “enduring benefit” and “once and for all” payment test-High Court ABCAUS Case Law Citation: ABCAUS 2207 (2018) (02) HC The Challenge/Grievance: The appellant assessee had filed the instant appeal under Section 260A of the Income Tax Act, 1961 …
Uploading clients data to stock exchanges by stock brokers-SEBI relaxes norms of Monitoring of Clients Funds and security balance lying with Stock Broker CIRCULAR CIR/HO/MIRSD/MIRSD2/CIR/PB/2017/107 September 25, 2017 To, The Managing Directors of all Recognized Stock Exchanges Dear Sir/Madam, Sub: Clarification to Enhanced Supervision …
Annual System Audit of Stock Brokers / Trading Members of National Commodity Derivatives Exchanges Securities and Exchange Board of India CIRCULAR SEBI/HO/CDMRD/DEICE/CIR/P/2016/70 …
