Advertisement by brokers/ sub-brokers and grant of trading terminals

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....utive Directors/ Managing Directors of All Stock Exchanges. Dear Sir, Sub.: Advertisement by brokers/ sub-brokers and grant of trading terminals. Advertisement by brokers/ sub-brokers. It has come to the notice of SEBI that certain brokers and sub-brokers are advertising their business in prohibition of Clause C(4) and C(5) of the Code of Conduct specified in Schedule II of Regulation ....

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....ered sub-broking activities. In view of the above, Exchanges are advised to grant trading terminals only at the members' registered office, branch offices and their registered sub-brokers' offices. Trading terminals granted earlier in places other than mentioned above should be withdrawn immediately. The Stock Exchanges shall amend their bye-laws accordingly to take action against the broker who m....