Recordkeeping obligations require stock exchanges to retain specified member, governance and financial books for a fixed preservation period. Every recognised stock exchange must maintain and preserve specified books and documents for five years, including minute books for members, governing ... Summary
Referred In :
Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018
Recordkeeping obligations require stock exchanges to retain specified member, governance and financial books for a fixed preservation period.
Every recognised stock exchange must maintain and preserve specified books and documents for five years, including minute books for members, governing body and committees; a register of members (showing partner details if a member is a firm); registers of authorised clerks and remisiers/authorised assistants; records of security and margin deposits; and financial records such as ledgers, journals, cash book and bank pass-book.
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