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of <h1>SEBI Circular: Commodity Derivatives Exchange Members Must Register by Dec 2015, Comply by Sep 2016; New Rules Apply.</h1> The circular from SEBI, dated September 29, 2015, addresses the registration of members of commodity derivatives exchanges. It mandates that existing members who meet eligibility requirements apply for SEBI registration within three months from September 28, 2015. These members must comply with the eligibility criteria under the Securities Contract (Regulation) Rules, 1957, by September 28, 2016. New members post-September 28, 2015, must meet specified criteria. Applications should follow the Stock Broker Regulations format and include additional information and fees. Exchanges are instructed to inform members, amend relevant rules, and report implementation status to SEBI.
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