https://www.taxtmi.com/circulars?id=57848 Amendments permit a stock broker to operate in equity and commodity derivatives under a single entity. SEBI will grant a one time registration certificate; exchanges/clearing corporations grant subsequent permissions after due diligence. SEBI approval is required only when integration changes control. Client accounts may be transferred between brokers with express client consent and existing documentation preserved. Certain FMC restrictions are repealed or relaxed for activity within the same broking entity, and exchanges and depositories must amend bylaws, implement systems and carry out cross exchange due diligence. en-us Thu, 21 Sep 2017 00:00:00 +0530 Sat, 01 Dec 2018 10:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57848 Amendments permit a stock broker to operate in equity and commodity derivatives under a single entity. SEBI will grant a one time registration certificate; exchanges/clearing corporations grant subsequent permissions after due diligence. SEBI approval is required only when integration changes control. Client accounts may be transferred between brokers with express client consent and existing documentation preserved. Certain FMC restrictions are repealed or relaxed for activity within the same broking entity, and exchanges and depositories must amend bylaws, implement systems and carry out cross exchange due diligence. Circulars SEBI Thu, 21 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57848