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        SEBI

        The regulatory authority issued an updated master circular...

        Updated Master Circular for Stock Brokers Consolidates Guidelines and Rescinds Previous Circulars Under Regulatory Powers

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                          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.
                                The regulatory authority issued an updated master circular consolidating all prior circulars and guidelines applicable to stock brokers, superseding the previous master circular dated August 9, 2024. Certain earlier circulars listed in the appendix are rescinded, but actions taken, applications made, rights, obligations, penalties, and proceedings under those rescinded circulars remain valid and unaffected. The circular is issued under statutory powers to protect investors and regulate securities markets, ensuring clarity and accessibility of applicable regulations for stock brokers.
                                Note: It is a system-generated summary and is for quick reference only.
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