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of <h1>SEBI Mandates Bhubaneshwar Stock Exchange to Amend Rules for Governing Board Eligibility Following Disciplinary Actions.</h1> The Securities and Exchange Board of India (SEBI) has issued a directive under the Securities Contracts (Regulation) Act, 1956, mandating amendments to the articles of the Bhubaneshwar Stock Exchange. The amendments state that any member whose trading or registration as a stockbroker is suspended due to disciplinary action by the Exchange or SEBI cannot serve on the Governing Board or be elected to it for two years following the suspension's expiration. Additionally, individuals classified as Notified Persons under the Special Courts Act, 1992, are barred from the Governing Board and from election for two years after being de-notified.
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