The National Stock Exchange (NSE) issued a notification regarding the Maintenance of a Website by Stock Brokers and Depository Participants
The following has been stated namely: -
• It states that SEBI, through various circulars, has mandated certain information to be published by Stockbrokers on their respective websites from time to time. In view of the same, Exchange vide its circular no: NSE/COMP/ 56350 dated April 13, 2023, had issued a consolidated list of requisites to the Trading Members along with formats and FAQs.
• It states that the provisions of the circular dated April 13, 2023, shall come into effect from August 16, 2023, and the URL of the website is required to be reported to the Exchange within a week of the circular coming into effect i.e., by August 24, 2023.
• the user manual for submission through ENIT has been attached for reference
• it states that in case of Failure to submit/upload declarations within the prescribed timelines would be treated as non-compliance and the applicable penalty / disciplinary action will be initiated as per the table given in Annexure I.
• The Trading Members are required to note that in Annexure ‘B’ of the Exchange circular no. NSE/COMP/ 56350 dated April 13, 2023, Sr. no. ii. “Mobile number of all Key Managerial Personnel” should be read as “Contact Numbers.”
• All Trading Members are advised to take note of the above and ensure strict adherence to the compliance requirements.
[Notification No. NSE/COMP/ 57876]
