General obligation and Responsibilities u/r 17 to maintain proper books of account, records, etc as per SEBI (Stock Brokers) Regulations, 1992 - Execution Only Platforms - 1st day of September, 2023 date notified for provisions coming in force. - SEBI/LAD-NRO/GN/2023/133 - SEBI
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Commencement of recordkeeping obligations and tailored schedule treatment for execution only platforms, including a variable networth exemption. The Board appoints the first day of September, 2023 as the commencement date for recordkeeping and book-keeping obligations under regulation 17 of the Stock Brokers Regulations, 1992, and enacts schedule amendments that add and clarify entries for Execution Only Platforms, including a specific provision that the Variable Networth requirement does not apply to the Execution Only Platforms segment.
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Commencement of recordkeeping obligations and tailored schedule treatment for execution only platforms, including a variable networth exemption.
The Board appoints the first day of September, 2023 as the commencement date for recordkeeping and book-keeping obligations under regulation 17 of the Stock Brokers Regulations, 1992, and enacts schedule amendments that add and clarify entries for Execution Only Platforms, including a specific provision that the Variable Networth requirement does not apply to the Execution Only Platforms segment.
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