https://www.taxtmi.com/circulars?id=60313 SEBI directs exchanges to prohibit brokers/sub brokers from dealing with brokers/sub brokers of the same exchange without prior exchange permission, permitting such dealings only with one counterparty after due diligence; limit proprietary dealings across exchanges to one counterparty after intimation; reiterate that a sub broker shall not be affiliated to more than one stock broker of the same exchange; require registration for cross exchange client dealings; and mandate immediate implementation, bye law amendments, member notification and reporting of implementation. en-us Tue, 13 Jan 2004 00:00:00 +0530 Sat, 23 Mar 2019 12:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60313 SEBI directs exchanges to prohibit brokers/sub brokers from dealing with brokers/sub brokers of the same exchange without prior exchange permission, permitting such dealings only with one counterparty after due diligence; limit proprietary dealings across exchanges to one counterparty after intimation; reiterate that a sub broker shall not be affiliated to more than one stock broker of the same exchange; require registration for cross exchange client dealings; and mandate immediate implementation, bye law amendments, member notification and reporting of implementation. Circulars SEBI Tue, 13 Jan 2004 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60313