NSE issued regarding the Penalty Structure for Non-display of Brokerage, Statutory & Regulatory Levies to the investors

Mar 21, 2023 | by TeamLease RegTech Legal Research Team

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Secretarial ComplianceThe National Stock Exchange (NSE) on March 20, 2023, issued a notification regarding the Penalty Structure for Non-display of Brokerage, Statutory & Regulatory Levies to the investors.

The following has been stated namely: -

• The following circulars have been stated as reference

1. NSE/INSP/53939 dated October 03, 2022, on Display of Brokerage, Statutory & Regulatory Levies

2. NSE/INSP/54746 dated December 07, 2022, on Display of Brokerage, Statutory & Regulatory Levies

3. NSE/INSP/55031 dated December 28, 2022, on Display of Brokerage, Statutory & Regulatory Levies

• A penalty structure is formulated for any non-compliance with the provisions.

• The penalty structure is stated in Annexure A attached to the notification

This is applicable from March 31, 2023.

 

Please refer to the document for more information

 

[Notification No. NSE/INSP/56053]

 


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