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of <h1>SEBI Recognition Required for Organizing Stock Exchanges or Clearing Corporations Under 2018 Regulations</h1> No individual or entity is permitted to conduct, organize, or assist in organizing any stock exchange or clearing corporation without obtaining recognition from the Securities and Exchange Board of India (SEBI) as per the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018. Compliance with the Act, rules, and regulations is mandatory to secure such recognition.
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