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    <title>Central Government to segregate ownership and trading membership from management of stock exchanges.</title>
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    <description>SEBI directed exchanges to separate ownership and trading membership from management; where Gauhati Stock Exchange failed to comply, SEBI amended Article 117 to add a proviso that no broker member of the exchange shall be an office bearer i.e. President, Vice President or Treasurer of the exchange, thereby prohibiting broker members from holding specified managerial offices.</description>
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