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    <title>Application for registration.</title>
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    <description>No person may act as a stock broker without obtaining a certificate of registration from the Board; clearing members and brokers already registered for one exchange are not required to obtain separate registration to operate in other exchanges of which they are members, subject to the concerned exchange&#039;s approval. Applications must be submitted in Form A of Schedule I through the member stock exchange, which must forward the application to the Board as early as possible and within thirty days of receipt. A validly registered stock broker is entitled to act as an underwriter.</description>
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