https://www.taxtmi.com/notifications?id=128867 Members/dealers must maintain a consolidated separate client account and distinct books to segregate clients' securities and monies; deposit and withdrawal from the client account are limited to prescribed categories while preserving members' lien rights. The bye laws impose 24 hour issuance of receipts/contract notes and two day payment/delivery deadlines for listed and permitted securities, permit discretionary margin requirements with a stated minimum and authorise close out of non compliant client positions with specified treatment of profits, losses and charges. Governance changes mandate SEBI approved board and sub Committee nominations, managing director appointment and oversight, and structured arbitration, disciplinary and default procedures. en-us Fri, 27 Oct 1995 00:00:00 +0530 Tue, 05 Mar 2019 15:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=128867 Members/dealers must maintain a consolidated separate client account and distinct books to segregate clients' securities and monies; deposit and withdrawal from the client account are limited to prescribed categories while preserving members' lien rights. The bye laws impose 24 hour issuance of receipts/contract notes and two day payment/delivery deadlines for listed and permitted securities, permit discretionary margin requirements with a stated minimum and authorise close out of non compliant client positions with specified treatment of profits, losses and charges. Governance changes mandate SEBI approved board and sub Committee nominations, managing director appointment and oversight, and structured arbitration, disciplinary and default procedures. Notifications SEBI Fri, 27 Oct 1995 00:00:00 +0530 https://www.taxtmi.com/notifications?id=128867