https://www.taxtmi.com/circulars?id=66374 All client funds held by Stock Brokers and Clearing Members must be upstreamed to Clearing Corporations as cash, lien-marked FDRs meeting CC exposure norms and pre-terminable within one year, or as pledged dematerialized units of Mutual Fund Overnight Schemes held in a dedicated Client Nodal MFOS Account and pledged through the prescribed pledge/re-pledge mechanism; designated Up Streaming and Down Streaming Client Nodal Bank Accounts must be used with specified cutoff times for upstreaming and release, permitted withdrawal scenarios are limited, CCs must enable collateral utilisation and margin adjustment, and bank-CMs and proprietary funds are excluded. en-us Thu, 08 Jun 2023 00:00:00 +0530 Wed, 11 Feb 2026 15:59:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66374 All client funds held by Stock Brokers and Clearing Members must be upstreamed to Clearing Corporations as cash, lien-marked FDRs meeting CC exposure norms and pre-terminable within one year, or as pledged dematerialized units of Mutual Fund Overnight Schemes held in a dedicated Client Nodal MFOS Account and pledged through the prescribed pledge/re-pledge mechanism; designated Up Streaming and Down Streaming Client Nodal Bank Accounts must be used with specified cutoff times for upstreaming and release, permitted withdrawal scenarios are limited, CCs must enable collateral utilisation and margin adjustment, and bank-CMs and proprietary funds are excluded. Circulars SEBI Thu, 08 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66374