https://www.taxtmi.com/circulars?id=68124 SEBI-registered stock brokers may transact on NDS-OM through a Separate Business Unit (SBU) that is exclusively engaged in NDS-OM activities, maintained at arms-length from the broker's securities market business, with separate accounts and segregated net worth; the broker's net worth for compliance shall exclude the SBU. The SBU's trading activities are subject to the other regulatory authority's framework for policy, eligibility, risk management, inspection and enforcement, and exchange grievance redressal mechanisms and the Investor Protection Fund (including SCORES) will not be available to SBU investors. en-us Tue, 11 Feb 2025 00:00:00 +0530 Tue, 11 Feb 2025 17:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68124 SEBI-registered stock brokers may transact on NDS-OM through a Separate Business Unit (SBU) that is exclusively engaged in NDS-OM activities, maintained at arms-length from the broker's securities market business, with separate accounts and segregated net worth; the broker's net worth for compliance shall exclude the SBU. The SBU's trading activities are subject to the other regulatory authority's framework for policy, eligibility, risk management, inspection and enforcement, and exchange grievance redressal mechanisms and the Investor Protection Fund (including SCORES) will not be available to SBU investors. Circulars SEBI Tue, 11 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68124