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    <title>Arbitration Mechanism in Stock Exchanges</title>
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    <description>Stock exchanges with nation-wide terminals must establish investor service centres providing an arbitration facility (including appellate arbitration) at designated locations, with specified deadlines for initial and subsequent centres. Exchanges must amend bye-laws, notify members, publish the provisions on their websites, and report implementation in monthly development reports; regulatory inspections will verify compliance. The directive is effective immediately under the regulator&#039;s statutory powers to protect investors and regulate the securities market.</description>
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      <pubDate>Fri, 05 Jul 2013 00:00:00 +0530</pubDate>
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