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Investor protection mechanism: depositories must ensure arrangements that adequately protect buyers' and sellers' interests in held securities. The amendment requires a depository to maintain a mechanism for investor protection and to satisfy the Board that it has arrangements to ensure that the interests of persons buying and selling securities held in the depository are adequately protected, making such arrangements a condition of regulatory compliance.
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.
Investor protection mechanism: depositories must ensure arrangements that adequately protect buyers' and sellers' interests in held securities.
The amendment requires a depository to maintain a mechanism for investor protection and to satisfy the Board that it has arrangements to ensure that the interests of persons buying and selling securities held in the depository are adequately protected, making such arrangements a condition of regulatory compliance.
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