Tripartite agreement implementation deferred to start of the new financial year; exchanges must notify members and publish the circular. SEBI postponed the effective date for implementation of the Model Tripartite Agreement between brokers, sub brokers and clients to permit required software and administrative adjustments and to align implementation with the new financial year. Exchanges are instructed to notify member brokers and publish the circular on their websites. The circular is issued under Section 11(1) of the Securities and Exchange Board of India Act, 1992 to protect investor interests and regulate the securities market.
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Tripartite agreement implementation deferred to start of the new financial year; exchanges must notify members and publish the circular.
SEBI postponed the effective date for implementation of the Model Tripartite Agreement between brokers, sub brokers and clients to permit required software and administrative adjustments and to align implementation with the new financial year. Exchanges are instructed to notify member brokers and publish the circular on their websites. The circular is issued under Section 11(1) of the Securities and Exchange Board of India Act, 1992 to protect investor interests and regulate the securities market.
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