Stock brokers must protect client funds, maintain risk management, cyber resilience, compliance, grievance mechanisms, and best-price order execution. Regulation 18 requires stock brokers to segregate client money and securities, keep clients' funds available as specified, allocate and upstream client collaterals appropriately, maintain a sound risk management system and internal controls, comply with audit and KYC registration requirements, preserve client confidentiality, implement a specified cyber security and cyber resilience framework, enrol on SEBI grievance platforms, follow advertisement and outsourcing guidelines, comply with all applicable laws and exchange rules, adhere to the Investor Charter, and execute client orders at the best available market price.
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.
Stock brokers must protect client funds, maintain risk management, cyber resilience, compliance, grievance mechanisms, and best-price order execution.
Regulation 18 requires stock brokers to segregate client money and securities, keep clients' funds available as specified, allocate and upstream client collaterals appropriately, maintain a sound risk management system and internal controls, comply with audit and KYC registration requirements, preserve client confidentiality, implement a specified cyber security and cyber resilience framework, enrol on SEBI grievance platforms, follow advertisement and outsourcing guidelines, comply with all applicable laws and exchange rules, adhere to the Investor Charter, and execute client orders at the best available market price.
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