Relaxation in timeline to submit net worth certificate by Stock Brokers to offer margin trading facility to their clients
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....ges Dear Sir/ Madam, Sub: Relaxation in timeline to submit net worth certificate by Stock Brokers to offer margin trading facility to their clients 1. Para 4.5.3 of Chapter 1 of the Master Circular for Stock Exchanges and Clearing Corporations (SECC) dated December 30, 2024, states that in order to be eligible to offer the margin trading facility to their clients, the Stock Brokers shall ....
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....tificate as stated in para 1 above within 45 days from the half year ended on September 30 and within 60 days from the half year ended on 31st March. 4. In view of the above, para 4.5.3 of Chapter 1 of the Master Circular for Stock Exchanges and Clearing Corporations (SECC) dated December 30, 2024, shall be modified as follows: "The broker shall submit to the stock exchange a half-year....
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