Compliance approval requirement for market-related news: employees must get Compliance Officer sign-off or face regulatory liability. Employees of SEBI-registered market intermediaries must forward market-related news only after approval by the concerned Compliance Officer; non-compliance by employees and breaches by the Compliance Officer attract liability. Stock Exchanges and Depositories must notify participants, amend bye-laws/rules for uniform implementation, publish the circular on their websites, and report implementation status to SEBI.
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.
Compliance approval requirement for market-related news: employees must get Compliance Officer sign-off or face regulatory liability.
Employees of SEBI-registered market intermediaries must forward market-related news only after approval by the concerned Compliance Officer; non-compliance by employees and breaches by the Compliance Officer attract liability. Stock Exchanges and Depositories must notify participants, amend bye-laws/rules for uniform implementation, publish the circular on their websites, and report implementation status to SEBI.
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