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of <h1>SEBI Regulations 2012: Governing Recognition, Ownership, and Governance of Stock Exchanges and Clearing Corporations Effective June 20, 2012.</h1> The Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012, issued by the Securities and Exchange Board of India (SEBI), are established under the authority of the Securities Contracts (Regulation) Act, 1956, and the Securities and Exchange Board of India Act, 1992. These regulations aim to govern the recognition, ownership, and governance of stock exchanges and clearing corporations. They were officially notified and came into effect on June 20, 2012, as published in the Gazette of India.
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