SECURITIES AND EXCHANGE BOARD OF INDIA (PAYMENT OF FEES AND MODE OF PAYMENT) (AMENDMENT) REGULATIONS, 2017

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....curities and Exchange Board of India (Debenture Trustees) Regulations, 1993, Securities and Exchange Board of India (Bankers to an Issue) Regulations, 1994, Securities and Exchange Board of India (Depositories and Participants) Regulations, 1996, Securities and Exchange Board of India (Mutual Funds) Regulations, 1996, Securities and Exchange Board of India (Custodian of Securities) Regulations, 1996, Securities and Exchange Board of India (Buy Back of Securities) Regulations, 1998, Securities and Exchange Board of India (Collective Investment Scheme) Regulations, 1999, Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999, Securities and Exchange Board of India (Foreign Venture Capital Investor) Regulations, 2000, Securities and Exchange Board of India (Self-Regulatory Organizations) Regulations, 2004, Securities and Exchange Board of India (Regulatory Fee on Stock Exchanges) Regulations, 2006, Securities and Exchange Board of India (Issue and Listing of Debt Securities) Regulations, 2008, Securities and Exchange Board of India (Public Offer and Listing of Securitised Debt Instruments) Regulations, 2008, Securities and Exchange Board of India (Delisting ....

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....ities are purchased or sold (Rs. 15 per crore) * * All sale and purchase transactions in securities other than debt securities. Equity derivatives 0.00015 per cent of his turnover (Rs.15 per crore) 50,000/ 50,000/ Explanation.-(A) The expression 'turnover' shall include the value of the trades executed by the stock broker on the concerned segment of the recognized stock exchange and of the trades settled on the expiration of the contracts. (B) In case of options contracts, 'turnover' shall be computed on the basis of premium traded for the option contracts and in case where the option is exercised or assigned, it shall be additionally computed on the basis of notional value of option contracts exercised or assigned. Currency Derivatives 0.00015 per cent of his turnover (Rs. 15 per crore) 50,000/- 50,000/- Interest rate Derivatives 0.00005 per cent of his turnover (Rs. 5 per crore) 50,000/- 50,000/- Commodity Derivatives 0.00015 per cent of his turnover (Rs. 15 per crore) 50,000/- 50,000/- Explanation.-The expression 'turnover' shall include the value of the trades executed by the stock broker on the concerned recognized stock exchange and of the trad....

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....Underwriter" and before the word "by", the words "by way of direct credit in the bank account through NEFT/RTGS/IMPS or any other mode allowed by RBI or" shall be inserted. Amendments to the Securities and Exchange Board of India (Debenture Trustees) Regulations, 1993 8. In the Securities and Exchange Board of India (Debenture Trustees) Regulations, 1993, in Schedule II, in clause 4, after the words "Debenture Trustees" and before the word "by", the words "by way of direct credit in the bank account through NEFT/RTGS/IMPS or any other mode allowed by RBI or" shall be inserted. Amendments to the Securities and Exchange Board of India (Bankers to an Issue) Regulations, 1994 9. In the Securities and Exchange Board of India (Bankers to an Issue) Regulations, 1994, in Schedule II, in clause 4, after the words "bankers to an issue" and before the word "by", the words "by way of direct credit in the bank account through NEFT/RTGS/IMPS or any other mode allowed by RBI or" shall be inserted. Amendments to the Securities and Exchange Board of India (Depositories and Participants) Regulations, 1996 10. In the Securities and Exchange Board of India (Depositories and Participants) Regulat....

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....d "paid" and before the word "by", the words "by way of direct credit in the bank account through NEFT/RTGS/IMPS or any other mode allowed by RBI or" shall be inserted. Amendments to the Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999 15. In the Securities and Exchange Board of India (Credit Rating Agencies) Regulations, 1999, in the Second Schedule, in Part B, in clause 4, after the word "paid" and before the word "by", the words "by way of direct credit in the bank account through NEFT/RTGS/IMPS or any other mode allowed by RBI or" shall be inserted. Amendments to the Securities and Exchange Board of India (Foreign Venture Capital Investor) Regulations, 2000 16. In the Securities and Exchange Board of India (Foreign Venture Capital Investor) Regulations, 2000, in the Second Schedule, in Part B, in clause I, after the word "payable" and before the word "by", the words "by way of direct credit in the bank account through NEFT/RTGS/IMPS or any other mode allowed by RBI or" shall be inserted. Amendments to the Securities and Exchange Board of India (Self Regulatory Organizations) Regulations, 2004 17. In the Securities and Exchange Board of Ind....

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.... Board of India (Delisting of Equity Shares) Regulations, 2009 21. In the Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2009, in sub-regulation (3) of regulation 25A, after the words and symbol "rupees fifty thousand," and before the word "by", the words "by way of direct credit in the bank account through NEFT/RTGS/IMPS or any other mode allowed by RBI or" shall be inserted. Amendments to the Securities and Exchange Board of India (Investor Protection and Education Fund) Regulations, 2009 22. In the Securities and Exchange Board of India (Investor Protection and Education Fund) Regulations, 2009, in regulation 4, - i. the existing regulation shall be renumbered as sub-regulation (1); ii. the following new sub-regulation shall be inserted thereafter, namely,- "(2) For the purposes of sub-regulation (1) above, the amounts shall be credited to the Fund through NEFT/RTGS/IMPS or any other mode allowed by RBI or by way of a demand draft in favour of the Board payable in Mumbai.". Amendments to the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009 23. In the Securities and Exchange Board of....

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....nt through NEFT/RTGS/IMPS or any other mode allowed by RBI or" shall be inserted. Amendments to the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012 26. In the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012, in the Second Schedule, in Part B, after the words "payable" and before the word "by", the words "by way of direct credit in the bank account through NEFT/RTGS/IMPS or any other mode allowed by RBI or" shall be inserted. Amendments to the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012 27. In the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2012, in Schedule - I, in Form A, in clause 5, - i. the words and symbol "Proof of remittance through electronic payment mode/" shall be inserted before the words "Demand Draft"; ii. after the symbols "Rs.……" and before the word "towards", the symbol "," shall be inserted. Amendments to the Securities and Exchange Board of India (Issue and Listing of Non-Convertible Redeemable Preference Shares) Regulations, 2013 28. In the Securities and Exchange B....