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of <h1>SEBI's power to clarify and implement stock broker regulations via guidance notes and circulars upheld for consistent enforcement</h1> SEBI is empowered to remove difficulties in the interpretation or application of the Securities and Exchange Board of India (Stock Brokers) Regulations, 2026 by issuing directions through guidance notes, circulars, or guidelines. This authorises SEBI to provide binding interpretative and procedural directions to facilitate consistent implementation and operationalise the regulations where ambiguities or practical issues arise.
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