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<h1>SEBI inspections of stock brokers' books and records, including joint checks with exchanges, upheld to enforce compliance.</h1> SEBI is empowered to appoint one or more inspecting authorities to inspect a stock broker's books of account and other records or documents to verify that they are maintained in the required manner and to ensure compliance with the Act, the Securities Contracts (Regulation) Act, 1956, and applicable rules, regulations, and circulars. SEBI may also conduct joint inspections of stock brokers together with a recognised stock exchange, clearing corporation, or depository in the manner specified, enabling coordinated supervisory review and enforcement of recordkeeping and legal compliance obligations.