https://www.taxtmi.com/circulars?id=57985 SEBI prescribes that the Investor Protection Fund be administered by a Trust with specified composition and SEBI approved trustee appointments; funds must be segregated, disclosed as related party transactions, and funded by specified portions of exchange penalties (excluding settlement penalties after administrative cost deduction) and a share of turnover fees. Exchanges must invite claimant filings for a minimum 90 day specified period by newspaper and website notice; only retail client claims are eligible, claims within three years after the period may be processed at the Trust's discretion, and eligibility, determination and disbursement procedures are governed by Trust decisions, arbitration mechanisms and prescribed compensation limits with SEBI review. en-us Mon, 26 Sep 2016 00:00:00 +0530 Tue, 04 Dec 2018 15:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57985 SEBI prescribes that the Investor Protection Fund be administered by a Trust with specified composition and SEBI approved trustee appointments; funds must be segregated, disclosed as related party transactions, and funded by specified portions of exchange penalties (excluding settlement penalties after administrative cost deduction) and a share of turnover fees. Exchanges must invite claimant filings for a minimum 90 day specified period by newspaper and website notice; only retail client claims are eligible, claims within three years after the period may be processed at the Trust's discretion, and eligibility, determination and disbursement procedures are governed by Trust decisions, arbitration mechanisms and prescribed compensation limits with SEBI review. Circulars SEBI Mon, 26 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57985