https://www.taxtmi.com/circulars?id=63566 The circular withdraws the prior lower collateral-utilization trigger and requires stock exchanges and clearing corporations to apply the pre-existing Risk Reduction Mode criteria from the 2012 circular; brokers must be mandatorily placed into risk-reduction mode when their collateral available for adjustment against margins becomes substantially exhausted by trades under the margining system. Exchanges and clearing corporations must implement systems, amend bye-laws, notify members, publish the provisions, and report implementation status to the regulator. en-us Mon, 23 Mar 2020 00:00:00 +0530 Wed, 25 Mar 2020 13:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=63566 The circular withdraws the prior lower collateral-utilization trigger and requires stock exchanges and clearing corporations to apply the pre-existing Risk Reduction Mode criteria from the 2012 circular; brokers must be mandatorily placed into risk-reduction mode when their collateral available for adjustment against margins becomes substantially exhausted by trades under the margining system. Exchanges and clearing corporations must implement systems, amend bye-laws, notify members, publish the provisions, and report implementation status to the regulator. Circulars SEBI Mon, 23 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=63566