TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Updates: Margin Rule Changes for Financial Institutions, Removal of 10% Price Band on 53 Stocks.</h1> The circular from the Securities and Exchange Board of India (SEBI) outlines decisions made by the Group on Risk Management Systems for the Equity Markets. It withdraws the requirement for financial institutions, foreign institutional investors, banks, and mutual funds to pay margins on certain sale positions due to changes in market structure. Additionally, a temporary 10% price band on 53 stocks, imposed after the events of September 11, 2001, is removed. The circular also adjusts the requirement for brokers to collect a 10% upfront margin from clients, specifying it applies only to trades resulting in a margin of Rs. 50,000 or more. Compliance will be certified by a designated officer.
TaxTMI 
TaxTMI 
