Advertisement prohibition for brokers and sub brokers-exchanges must enforce limits and restrict trading terminals to registered locations. SEBI requires exchanges to enforce prohibitions on broker and sub broker advertisements that breach the Code of Conduct, including internet and affiliated company promotions, and instructs brokers to ensure sub brokers comply. It mandates that trading terminals be granted only at members' registered offices, branch offices and registered sub brokers' offices, with all others withdrawn, and directs exchanges to amend bye laws to penalise misuse of terminals and to prohibit dealing with sub brokers not registered with SEBI.
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.
Advertisement prohibition for brokers and sub brokers-exchanges must enforce limits and restrict trading terminals to registered locations.
SEBI requires exchanges to enforce prohibitions on broker and sub broker advertisements that breach the Code of Conduct, including internet and affiliated company promotions, and instructs brokers to ensure sub brokers comply. It mandates that trading terminals be granted only at members' registered offices, branch offices and registered sub brokers' offices, with all others withdrawn, and directs exchanges to amend bye laws to penalise misuse of terminals and to prohibit dealing with sub brokers not registered with SEBI.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
