Prevention of Unauthorised Trading: implementation deferred with exchanges required to notify brokers, amend bye laws and report compliance. SEBI postpones the effective date of its guidelines on prevention of unauthorised trading to April 01, 2018 and disallows further extensions. Stock exchanges must notify brokers, publish the circular, amend relevant bye laws, rules and regulations in coordination to ensure uniform implementation, and report implementation status in Monthly Development Reports to SEBI. The measure is issued under SEBI's powers to protect investors and regulate the securities market.
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.
Prevention of Unauthorised Trading: implementation deferred with exchanges required to notify brokers, amend bye laws and report compliance.
SEBI postpones the effective date of its guidelines on prevention of unauthorised trading to April 01, 2018 and disallows further extensions. Stock exchanges must notify brokers, publish the circular, amend relevant bye laws, rules and regulations in coordination to ensure uniform implementation, and report implementation status in Monthly Development Reports to SEBI. The measure is issued under SEBI's powers to protect investors and regulate the securities market.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
