INSTITUTIONAL MECHANISM FOR PREVENTION AND DETECTION OF FRAUD OR MARKET ABUSE - Securities and Exchange Board of India (Stock Brokers) Regulations, 1992
INSTITUTIONAL MECHANISM FOR PREVENTION AND DETECTION OF FRAUD OR MARKET ABUSE - Securities and Exchange Board of India (Stock Brokers) Regulations, 1992
Restriction on dual broking activities: brokers cannot transact both securities and commodity derivatives without board permission. Previously, Regulation 18C prohibited a stock broker engaged in securities (other than commodity derivatives) from undertaking commodity derivatives ... Summary
Restriction on dual broking activities: brokers cannot transact both securities and commodity derivatives without board permission.
Previously, Regulation 18C prohibited a stock broker engaged in securities (other than commodity derivatives) from undertaking commodity derivatives broking, and likewise prohibited a commodity-derivatives broker from undertaking securities broking, unless permitted by the Board, thereby imposing a permission-based exception to segregation of broking activities.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.