BSE notifies regarding Surveillance Action in dealing with unsolicited videos and messages circulated on social media

Oct 29, 2022 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe Bombay Stock Exchange (BSE) on October 28, 2022 has issued Notification regarding Surveillance Action w.r.t dealing with unsolicited videos and messages circulated on social media.

The following has been stated namely: -

• The list of Scrips who share unsolicited content has been attached in the Annexure

• The applicable surveillance actions shall be namely: -

1. Reduction of Price Band wherever applicable.

2. Scrip will be shifted to Trade-to-Trade settlement.

3. Applicable rate of margin shall be 100% with effect from October 31, 2022 on all open positions as on October 28, 2022 and new positions created from October 31, 2022 onwards.

 

[Notification No. 20221028-46]

 


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