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    <title>Circular on Prevention of Unauthorised Trading by Stock Brokers</title>
    <link>https://www.taxtmi.com/circulars?id=57786</link>
    <description>Brokers must retain verifiable evidence of client order placement-such as written signed records, telephone recordings, authorized emails, internet transaction logs, mobile message records or other legally verifiable records-and produce them when disputes arise. Telephone instructions must be mandatorily recorded and maintained. Where evidence cannot be produced due to exceptional circumstances, brokers must justify the failure and may rely on alternative corroborative evidence. Records must be preserved for the minimum arbitration period and, if disputed, until final resolution; regulatory directions may require longer retention.</description>
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    <pubDate>Thu, 22 Mar 2018 00:00:00 +0530</pubDate>
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      <title>Circular on Prevention of Unauthorised Trading by Stock Brokers</title>
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      <description>Brokers must retain verifiable evidence of client order placement-such as written signed records, telephone recordings, authorized emails, internet transaction logs, mobile message records or other legally verifiable records-and produce them when disputes arise. Telephone instructions must be mandatorily recorded and maintained. Where evidence cannot be produced due to exceptional circumstances, brokers must justify the failure and may rely on alternative corroborative evidence. Records must be preserved for the minimum arbitration period and, if disputed, until final resolution; regulatory directions may require longer retention.</description>
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      <pubDate>Thu, 22 Mar 2018 00:00:00 +0530</pubDate>
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