Ease of doing business- Changes in reporting

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....ng with the stock brokers. Clause 15 of SEBI master circular on stock brokers ("master circular") dated May 17, 2023 safeguards against misutilisation of clients' funds. Clause 42 safeguards against the use of one clients' collateral for another. Stock Exchanges and Clearing Corporations draw various reports from the stock brokers for this purpose. 2. SEBI received representations from various st....

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....- 3.1. Clause 15.5.2 stands deleted. 3.2. Clause 15.5.3 stands modified whereby G principle is reiterated as follows: 15.5.3 Stock exchanges shall put in place a mechanism for monitoring of clients' funds ('G' principle) lying with the stock brokers on the principle enumerated below: G Principle: The total available funds i.e. cash and cash equivalent with the stock broker and with the clear....