Registration of sub-brokers: statutory certificate requirement omitted; prior rules required Board-issued certificate with affiliation and SME-platform exceptions. The regulation requiring registration of sub-brokers has been omitted, removing the prior requirement that sub-brokers hold a certificate granted by the Board; previously, exceptions existed for mere changes of affiliation between brokers and for sub-brokers affiliated to brokers eligible to trade on the SME platform, subject to related provisions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Registration of sub-brokers: statutory certificate requirement omitted; prior rules required Board-issued certificate with affiliation and SME-platform exceptions.
The regulation requiring registration of sub-brokers has been omitted, removing the prior requirement that sub-brokers hold a certificate granted by the Board; previously, exceptions existed for mere changes of affiliation between brokers and for sub-brokers affiliated to brokers eligible to trade on the SME platform, subject to related provisions.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
