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SEBI Expands Framework for Qualified Stock Brokers to Boost Investor Trust and Market Integrity in India.

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....This circular issued by SEBI signifies a significant step towards strengthening regulatory oversight in the Indian securities market. By expanding the framework of Qualified Stock Brokers and imposing enhanced obligations on market participants, SEBI aims to foster greater investor trust and market integrity. The introduction of additional parameters for designation as QSBs reflects SEBI's commitment to comprehensive evaluation and regulation of stockbrokers. The staggered implementation approach ensures a smooth transition, allowing market participants ample time to adapt to the new requirements.....

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