Implementation of Model Tripartite Agreement enforces compliance by brokers and sub-brokers; violations to attract regulatory action. Adoption of the prescribed Model Tripartite Agreement and revised roles for brokers and sub-brokers is mandatory from the effective date; violations after that date will be viewed strictly and attract regulatory action. Subsidiaries of recognized stock exchanges registered as brokers and their sub-brokers are temporarily excluded pending separate provisions. Exchanges must notify member brokers and disseminate the requirements on their websites.
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.
Implementation of Model Tripartite Agreement enforces compliance by brokers and sub-brokers; violations to attract regulatory action.
Adoption of the prescribed Model Tripartite Agreement and revised roles for brokers and sub-brokers is mandatory from the effective date; violations after that date will be viewed strictly and attract regulatory action. Subsidiaries of recognized stock exchanges registered as brokers and their sub-brokers are temporarily excluded pending separate provisions. Exchanges must notify member brokers and disseminate the requirements on their websites.
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