https://www.taxtmi.com/circulars?id=62202 SEBI requires approved derivative exchanges/segments and clearing houses/corporations to constitute a Governing Board, Clearing Council, appoint CEOs for the derivative segment and clearing house, and establish Statutory Committees within two months. Governing Board composition must limit trading/clearing member representation, ensure a majority of public representatives or Board nominees with relevant competence, provide for staggered elected-member retirement and cooling-off after consecutive terms, and include the derivatives CEO as a board member. All non-elected appointments and CEO terms require prior Board approval. en-us Wed, 31 May 2000 00:00:00 +0530 Mon, 19 Aug 2019 18:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=62202 SEBI requires approved derivative exchanges/segments and clearing houses/corporations to constitute a Governing Board, Clearing Council, appoint CEOs for the derivative segment and clearing house, and establish Statutory Committees within two months. Governing Board composition must limit trading/clearing member representation, ensure a majority of public representatives or Board nominees with relevant competence, provide for staggered elected-member retirement and cooling-off after consecutive terms, and include the derivatives CEO as a board member. All non-elected appointments and CEO terms require prior Board approval. Circulars SEBI Wed, 31 May 2000 00:00:00 +0530 https://www.taxtmi.com/circulars?id=62202