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    <title>Central Government to segregate ownership and trading membership from management of stock exchanges - Whereas Vadodara stock Exchange has failed to comply with the said order within the time stipulated</title>
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    <description>Exercising powers under the Securities Contracts (Regulation) Act, the regulator amended the Vadodara Stock Exchange Articles to insert provisos in Article 115 prohibiting broker members from serving as President, Vice President or Treasurer, thereby implementing segregation of ownership and trading membership from exchange management.</description>
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