Transaction record retention: stock exchanges must prevent erasure and report post-registration client-code modifications monthly. Exchanges must ensure recorded cash and derivative market transactions are not erased and that modifications after registration occur only for genuine errors; they must retain data on all modified transactions and submit a prescribed monthly statement in Form No. 3BB listing transactions with modified client codes using annexures for derivative and cash markets capturing transaction ID, broker and client details, security, quantity, rate, value, buy/sell indicator and date.
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Provisions expressly mentioned in the judgment/order text.
Transaction record retention: stock exchanges must prevent erasure and report post-registration client-code modifications monthly.
Exchanges must ensure recorded cash and derivative market transactions are not erased and that modifications after registration occur only for genuine errors; they must retain data on all modified transactions and submit a prescribed monthly statement in Form No. 3BB listing transactions with modified client codes using annexures for derivative and cash markets capturing transaction ID, broker and client details, security, quantity, rate, value, buy/sell indicator and date.
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