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of <h1>SEBI Requires Stock Brokers, Depository Participants to Launch Websites for Transparency; Compliance Effective August 16, 2023.</h1> The Securities and Exchange Board of India (SEBI) mandates stock brokers and depository participants to maintain designated websites to enhance transparency and service quality for investors. These websites must display essential information, including registration details, contact information of key managerial personnel, account opening procedures, and complaint filing processes. The URL of these websites must be reported to stock exchanges and depositories within a week, with any changes reported within three days. This directive is effective from August 16, 2023. Stock exchanges and depositories must ensure compliance, amend relevant regulations, and report implementation status to SEBI by August 31, 2023.
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