Regulation 14 - Functions and Obligations of Self Regulatory Organization
Securities and Exchange Board of India (Self Regulatory Organisations) Regulations, 2004 Chapter III COMPOSITION AND FUNCTIONS OF SELF REGULATORY ORGANIZATIONS
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Self-regulatory oversight requires member conduct standards, inspections, reporting, training and conflict-avoidance to protect investors and ensure compliance. A Self Regulatory Organization must always follow Board directions and is responsible for investor protection by specifying and implementing member ... Summary
Self-regulatory oversight requires member conduct standards, inspections, reporting, training and conflict-avoidance to protect investors and ensure compliance.
A Self Regulatory Organization must always follow Board directions and is responsible for investor protection by specifying and implementing member conduct standards, conducting regular independent inspections and audits, promptly reporting member violations to the Board, and carrying out screening, certification, training and investor awareness programmes, while avoiding conflicts of interest and complying with corporate governance norms.
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