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<h1>SEBI Updates Broker Fee Rules Post-Supreme Court Ruling; New Turnover Data Guidelines and Auditor Certification Formats Introduced.</h1> SEBI issued a circular addressing fees payable by stock brokers following a Supreme Court ruling. Amendments to the SEBI (Stock Brokers and Sub-Brokers) Regulations 1992 were made to incorporate these directives. The circular clarifies issues related to turnover fee computation, especially for transactions lacking complete turnover data. If exchanges lack turnover data, broker-provided auditor-certified turnover will be accepted. Without this, average turnover from subsequent years will be used, but concessional fees won't apply. It also addresses fee continuity for deceased partners and conditions for mergers. PSU bond definitions for registration fees and mutual fund unit transactions are clarified. Revised auditor certification formats are included.