Liquidity enhancement schemes permitted with board approval, transparent incentives, monitoring and disclosure, and capped exchange-level incentives. Liquidity enhancement schemes for illiquid equity derivatives may be introduced for specified low volume or new securities, subject to prior Board approval, quarterly Board monitoring, objective non-discriminatory rules for liquidity enhancers, performance linked and transparently measurable incentives, advance public disclosure and monthly dissemination of incentive and volume outcomes by liquidity enhancer and security.
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.
Liquidity enhancement schemes permitted with board approval, transparent incentives, monitoring and disclosure, and capped exchange-level incentives.
Liquidity enhancement schemes for illiquid equity derivatives may be introduced for specified low volume or new securities, subject to prior Board approval, quarterly Board monitoring, objective non-discriminatory rules for liquidity enhancers, performance linked and transparently measurable incentives, advance public disclosure and monthly dissemination of incentive and volume outcomes by liquidity enhancer and security.
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