Securities and Exchange Board of India stock broker regulations repealed; prior actions and pending applications deemed under new rules. Regulation 51 repeals the 1992 Stock Brokers Regulations on commencement and deems prior actions, registrations, approvals, fees, suspensions, cancellations, inspections, adjudications, enquiries, investigations, show cause notices and pending applications under the repealed regulations to have been done under the corresponding provisions of the 2026 regulations; it preserves existing rights, obligations, liabilities, penalties, proceedings and remedies and treats references to the 1992 regulations in other Board instruments as references to the corresponding 2026 provisions.