Regulation amendment: omission of a specific stock brokers provision alters registration framework upon official Gazette publication. The Securities and Exchange Board of India issues an amendment to the Stock Brokers and Sub Brokers Regulations, 1992 by omitting regulation 18C; the amendment takes effect on the date of its publication in the Official Gazette, thereby altering the regulatory text governing stock brokers and sub brokers without specifying transitional measures.
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Provisions expressly mentioned in the judgment/order text.
Regulation amendment: omission of a specific stock brokers provision alters registration framework upon official Gazette publication.
The Securities and Exchange Board of India issues an amendment to the Stock Brokers and Sub Brokers Regulations, 1992 by omitting regulation 18C; the amendment takes effect on the date of its publication in the Official Gazette, thereby altering the regulatory text governing stock brokers and sub brokers without specifying transitional measures.
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