Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2019

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....(AMENDMENT) REGULATIONS, 2019 No. SEBI/LAD-NRO/GN/2019/21.-In exercise of the powers conferred by sections 4, 8A and 31 of the Securities Contracts (Regulation) Act, 1956, read with sections 11 and 30 of the Securities and Exchange Board of India Act, 1992, the Securities and Exchange Board of India hereby makes the following regulations to further amend the Securities Contracts (Regulation) (S....

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.... "Member and Core Settlement Guarantee Fund committee;" b) in clause (b), the word "investor" shall be omitted. (iii) in regulation 35, after sub-regulation (1) and prior to sub-regulation (2), the following proviso shall be inserted, namely,- "Provided that in case a recognised stock exchange enters into an arrangement with more than one recognised clearing corp....

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.... services for commodity derivatives shall ensure guarantee for settlement of trades including good delivery. Explanation: For the purpose of this regulation, "good delivery" shall mean the delivery of goods that is in proper form to transfer title and is of the quality and quantity as per contract specifications of the concerned exchange." The aforesaid amendment shall deemed to ....

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....ted by the following, namely,- "The stock exchange/ clearing corporation shall forward the new names to the Board before two months from the last working day of the existing Managing Director." (x) in SCHEDULE - II, in PART - H, under the heading "Appointment of Directors",- a) the symbols "(I)" shall be inserted before the sub-heading "Procedure for appointment:-"; ....