Investor Protection Fund interest permitted for investor education, awareness and research by stock exchanges to enhance market safety. Stock exchanges are authorized to utilize interest income earned on the Investor Protection Fund for investor education, awareness and research. The Fund, intended to compensate investors for broker defaults, has seen corpus growth and reduced disbursements due to improved risk management, and the circular permits using only the Fund's interest income to finance programs that promote investor knowledge and support market-related research.
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.
Investor Protection Fund interest permitted for investor education, awareness and research by stock exchanges to enhance market safety.
Stock exchanges are authorized to utilize interest income earned on the Investor Protection Fund for investor education, awareness and research. The Fund, intended to compensate investors for broker defaults, has seen corpus growth and reduced disbursements due to improved risk management, and the circular permits using only the Fund's interest income to finance programs that promote investor knowledge and support market-related research.
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