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<h1>SEBI Cracks Down on Unverified News Circulation by Brokerage Employees; Mandates Strict Controls and Compliance Checks.</h1> The Securities and Exchange Board of India (SEBI) has observed that employees of broking houses and other intermediaries are circulating unauthenticated news about various securities through blogs, chat forums, and emails, contrary to the mandated Code of Conduct. This practice can harm market functioning and price discovery. SEBI directs market intermediaries to establish proper internal controls, restrict access to communication platforms, and ensure employees only share verified information approved by a Compliance Officer. Stock exchanges and depositories must amend regulations, disseminate these directives, and report implementation status to SEBI. This circular is effective immediately to protect investors and regulate securities markets.