The Securities and Exchange Board of India (SEBI) on May 22, 2024, updated the Master Circular for Stock Brokers.
SEBI had issued a Master Circular dated May 17, 2023, in respect of Stock Brokers. The instant master circular supersedes the Master Circular for Stock Brokers dated May 17, 2023.
In addition, with the issuance of this Master Circular, the directions/instructions contained in the circulars listed out at Sr. nos. 105-116 in the Appendix to this Master Circular, to the extent they relate to the Stock Brokers, shall stand rescinded.
Kindly find the updated master circular attached to the document below.
[Circular No. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2024/53]
