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    <title>Central Government to segregate ownership and trading membership from management of stock exchanges.</title>
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    <description>Central authorities required segregation of ownership and trading membership from exchange management and, for noncompliant exchanges, exercised statutory powers to amend exchange rules. The amendment inserts a proviso barring broker members from serving as office bearers-President, Vice President or Treasurer-thereby separating trading membership from executive management to address conflict-of-interest concerns.</description>
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