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    <title>Registration Forms for stock brokers and clearing members specified and made retrospectively effective; exchanges must publish and amend bye laws.</title>
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    <description>SEBI has prescribed standard application forms and a certificate of registration for stock brokers and clearing members (Annexure); the forms set required applicant particulars, undertakings including compliance with Fit and Proper Person criteria and documentary proofs, and a model certificate of registration. The circular makes these forms effective retrospectively from January 07, 2026, and directs recognized stock exchanges and clearing corporations to disseminate the forms to members/participants and amend relevant bye laws, rules and regulations to implement the requirements. The circular is issued under statutory regulatory powers to protect investors and regulate securities markets.</description>
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    <pubDate>Thu, 19 Feb 2026 20:08:55 +0530</pubDate>
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