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Sebi changes rules on unpaid client securities to ease broker operations
SEBI has revised rules for handling unpaid client securities, introducing auto-pledges in clients' demat accounts, stricter timelines, daily pledge reviews and investor safeguards. The changes aim to align with direct payouts, improve operational efficiency and strengthen investor protection across stock broking.
Raccontata da
economictimes.indiatimes.com
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Sebi changes rules on unpaid client securities to ease broker operations
SEBI has revised rules for handling unpaid client securities, introducing auto-pledges in clients' demat accounts, stricter timelines, daily pledge reviews and investor…
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Sebi tweaks rules on handling of unpaid securities
The Securities and Exchange Board of India has simplified rules for stockbrokers handling unpaid client securities. A new automated pledge system will now manage these shares,…