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of <h1>SEBI Extends Deadline for Trading and Clearing Members to Submit Indemnity Bond for Bank Accounts to October 31, 2020.</h1> The Securities and Exchange Board of India (SEBI) has extended the deadline for Trading Members (TMs) and Clearing Members (CMs) to submit the Undertaking cum Indemnity bond for all bank accounts by one month, until October 31, 2020, due to the Covid-19 pandemic. This extension follows a previous requirement that TMs and CMs provide a list of their bank accounts to Stock Exchanges (SEs) and Clearing Corporations (CCs). SEs and CCs are permitted to modify the bond as needed. The circular aims to protect investor interests and regulate securities markets under SEBI's authority.
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