https://www.taxtmi.com/circulars?id=63192 Trading Members and Clearing Members in the cash segment must collect VaR margins and Extreme Loss Margin (ELM) upfront from clients; other margins must be collected promptly within a short prescribed window. Institutional investor exemptions and an exception where adequate initial margins already cover potential losses are preserved. TMs/CMs must report actual short-collection or non-collection of client margins to the stock exchange within the prescribed reporting timeframe, and stock exchanges must apply disciplinary frameworks for short-collection and for false or incorrect reporting. en-us Tue, 19 Nov 2019 00:00:00 +0530 Wed, 20 Nov 2019 18:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=63192 Trading Members and Clearing Members in the cash segment must collect VaR margins and Extreme Loss Margin (ELM) upfront from clients; other margins must be collected promptly within a short prescribed window. Institutional investor exemptions and an exception where adequate initial margins already cover potential losses are preserved. TMs/CMs must report actual short-collection or non-collection of client margins to the stock exchange within the prescribed reporting timeframe, and stock exchanges must apply disciplinary frameworks for short-collection and for false or incorrect reporting. Circulars SEBI Tue, 19 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/circulars?id=63192