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of <h1>SEBI Can Inquire and Request Info Before Recognizing Stock Exchanges Under Regulation 8, 2018 for Compliance Check.</h1> The Securities and Exchange Board of India (SEBI) holds the authority to conduct inquiries and request additional information or documents before granting recognition to a stock exchange or clearing corporation. This power is outlined in Regulation 8 of the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018, allowing SEBI to ensure compliance and assess the eligibility of entities seeking recognition.
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