https://www.taxtmi.com/circulars?id=61760 SEBI requires mandatory implementation of a client code at broker level with phased suspension of MCFS/ALBM or trading for noncompliant exchanges; MCFS and ALBM margins must be system-calculated rather than self-certified. The circular extends CFRS, ALBRS and CNS facilities to voluntary rolling settlement for eligible scrips, permits conditional use of Trade/Settlement Guarantee Funds for primary issues with exchange-wide application, exposure limits and a minimum cash margin, mandates minimum margin deposits and quarterly auditors' certificates from brokers and sub-brokers, allows membership buy-backs under existing law, and requires a trading-system icon to show prior-day buy-back positions. en-us Thu, 01 Feb 2001 00:00:00 +0530 Sat, 13 Jul 2019 13:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61760 SEBI requires mandatory implementation of a client code at broker level with phased suspension of MCFS/ALBM or trading for noncompliant exchanges; MCFS and ALBM margins must be system-calculated rather than self-certified. The circular extends CFRS, ALBRS and CNS facilities to voluntary rolling settlement for eligible scrips, permits conditional use of Trade/Settlement Guarantee Funds for primary issues with exchange-wide application, exposure limits and a minimum cash margin, mandates minimum margin deposits and quarterly auditors' certificates from brokers and sub-brokers, allows membership buy-backs under existing law, and requires a trading-system icon to show prior-day buy-back positions. Circulars SEBI Thu, 01 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61760