https://www.taxtmi.com/acts?id=52423 Regulation 39 requires a stock broker acting as an underwriter to protect client interests, act ethically, avoid misrepresentation of services or underwriting commitments, safeguard issuer confidential information, disclose dealings in issuer securities, notify clients of registration, penal or material financial changes and transfer outstanding business per client instructions. It mandates mechanisms to identify, disclose and resolve conflicts of interest equitably and prohibits creation of false markets, price rigging and passing unpublished price sensitive information. en-us Thu, 08 Jan 2026 11:57:42 +0530 Thu, 08 Jan 2026 11:57:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=52423 Regulation 39 requires a stock broker acting as an underwriter to protect client interests, act ethically, avoid misrepresentation of services or underwriting commitments, safeguard issuer confidential information, disclose dealings in issuer securities, notify clients of registration, penal or material financial changes and transfer outstanding business per client instructions. It mandates mechanisms to identify, disclose and resolve conflicts of interest equitably and prohibits creation of false markets, price rigging and passing unpublished price sensitive information. Act-Rules SEBI Thu, 08 Jan 2026 11:57:42 +0530 https://www.taxtmi.com/acts?id=52423