Regulatory powers: SEBI issues Stock Brokers and Sub-Brokers Regulations establishing a delegated regulatory framework. SEBI, invoking powers under the Securities and Exchange Board of India Act, 1992, promulgates the SEBI (Stock Brokers and Sub-Brokers) Regulations, 1992, as a delegated regulatory instrument to govern stock brokers and sub-brokers. The regulations are notified in the Gazette of India as an official Board notification establishing the regulatory framework for these intermediaries.
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Provisions expressly mentioned in the judgment/order text.
Regulatory powers: SEBI issues Stock Brokers and Sub-Brokers Regulations establishing a delegated regulatory framework.
SEBI, invoking powers under the Securities and Exchange Board of India Act, 1992, promulgates the SEBI (Stock Brokers and Sub-Brokers) Regulations, 1992, as a delegated regulatory instrument to govern stock brokers and sub-brokers. The regulations are notified in the Gazette of India as an official Board notification establishing the regulatory framework for these intermediaries.
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