INSTITUTIONAL MECHANISM FOR PREVENTION AND DETECTION OF FRAUD OR MARKET ABUSE - Securities and Exchange Board of India (Stock Brokers) Regulations, 2026
INSTITUTIONAL MECHANISM FOR PREVENTION AND DETECTION OF FRAUD OR MARKET ABUSE - Securities and Exchange Board of India (Stock Brokers) Regulations, 2026
Stock brokers face regulatory liability for breaches including excess brokerage, unregistered trading, market manipulation and non cooperation. Stock brokers are subject to liability under securities laws for contraventions of the Act, its rules and Board-issued guidelines. Action may be taken for ... Summary
Stock brokers face regulatory liability for breaches including excess brokerage, unregistered trading, market manipulation and non cooperation.
Stock brokers are subject to liability under securities laws for contraventions of the Act, its rules and Board-issued guidelines. Action may be taken for breaches such as excess brokerage, trading without registration, trading outside recognised exchanges, market manipulation, loss of exchange membership or defaulter status. Obligations include complying with Board directions, cooperating with inspection and investigation authorities, producing books and information, appearing and answering questions, signing examination notes, filing returns, furnishing documents within prescribed timeframes, and paying penalties or complying with adjudicating officer orders.
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