Securities Contracts (Regulation) (Stock Exchanges And Clearing Corporations) Regulations, 2012 Chapter II RECOGNITION OF STOCK EXCHANGES AND CLEARINGCORPORATIONS
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Application fee requirement: recognition applicants must pay fees and clearing corporations pay the same fee as stock exchanges. An applicant seeking recognition as a stock exchange must pay an application fee as prescribed; an applicant seeking recognition as a clearing corporation ... Summary
Application fee requirement: recognition applicants must pay fees and clearing corporations pay the same fee as stock exchanges.
An applicant seeking recognition as a stock exchange must pay an application fee as prescribed; an applicant seeking recognition as a clearing corporation must pay the same application fee payable by a stock exchange, establishing fee parity as a procedural requirement for recognition under the regulations.
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