Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →


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<h1>SEBI Updates Fee Clearance and NOC Rules for Stock Exchange Members; Exemptions for Certain Segments Announced.</h1> The Securities and Exchange Board of India (SEBI) has revised the requirements for obtaining fee clearance and No Objection Certificates (NOC) for certain stock exchange members. The provisions will no longer apply to trading and clearing members in equity and currency derivatives segments, and certain stock brokers in the cash segment under specific regulations. However, stock brokers under Schedule III of the SEBI Regulations, 1992, must comply with the existing requirements. Stock exchanges are instructed to update their rules, inform their members, and report compliance to SEBI by February 28, 2010. The circular aims to protect investor interests and regulate the securities market effectively.