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<h1>SEBI's 2018 Regulations Define Ownership and Governance of Stock Exchanges and Clearing Corporations in India</h1> The Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018, issued by the Securities and Exchange Board of India (SEBI), govern the recognition, ownership, and governance of stock exchanges and clearing corporations. These regulations are enacted under the authority of the Securities Contracts (Regulation) Act, 1956, and the Securities and Exchange Board of India Act, 1992. They were officially notified in the Gazette of India on October 3, 2018, and became effective from that date, outlining the regulatory framework for stock exchanges and clearing corporations in India.