Short selling and securities lending and borrowing

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....nistrators of all Stock Exchanges 2.      The Chairman and Managing Director, NSDL 3.      The Managing Director & CEO, CDSL Dear Sir / Madam, Sub:- Short selling and securities lending and borrowing 1.      Pursuant to the recommendations of the Secondary Market Advisory Committee (SMAC) of SEBI and the deci....

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....s regard and shall put in place systems to operationalise the above mechanisms for short selling and SLB. The stock exchanges shall also ensure that all appropriate trading and settlement practices as well as surveillance and risk containment measures, etc. are made applicable and implemented in this regard. 4.      The Stock Exchanges and the Depositories are advised t....

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....he member brokers/clearing members, depository participants and also disseminate the same on their website. 6.4.  communicate to SEBI, the status of the implementation of the provisions of this circular in the Monthly Development Report. 7.      This circular is being issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Boar....