Amendment to SEBI Circular pertaining to Investor Protection Fund (IPF)/ Investor Service Fund (ISF) and its related matters

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....having Commodity Derivatives Segment Dear Sir/ Madam, Sub.: Amendment to SEBI Circular pertaining to Investor Protection Fund (IPF)/ Investor Service Fund (ISF) and its related matters 1. Attention is drawn to SEBI circular bearing reference no. CIR/CDMRD/DEICE/CIR/P/2017/53 dated June 13, 2017 on Comprehensive guidelines for Investor Protection Fund (IPF), Investor Service Fund (ISF) and....

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....ore than the coverage limit under IPF or the amount sanctioned and ratified by the MCSGFC is less than the claim amount then the investor will be at liberty to prefer for arbitration outside the exchange mechanism / any other legal forum outside the exchange mechanism for claim of the balance amount." 3. The provisions of this circular shall come into effect from January 1, 2022. 4. The Stoc....