Restriction on dual broking activities: brokers cannot transact both securities and commodity derivatives without board permission. Previously, Regulation 18C prohibited a stock broker engaged in securities (other than commodity derivatives) from undertaking commodity derivatives broking, and likewise prohibited a commodity-derivatives broker from undertaking securities broking, unless permitted by the Board, thereby imposing a permission-based exception to segregation of broking activities.
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.
Restriction on dual broking activities: brokers cannot transact both securities and commodity derivatives without board permission.
Previously, Regulation 18C prohibited a stock broker engaged in securities (other than commodity derivatives) from undertaking commodity derivatives broking, and likewise prohibited a commodity-derivatives broker from undertaking securities broking, unless permitted by the Board, thereby imposing a permission-based exception to segregation of broking activities.
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