SEBI Allows Recognised Stock Exchanges to Carry Out Administration and Supervision Over Specified Intermediaries

Blog|News|Company Law|
< 1 minute

By Taxmann
|
Last Updated on 29 April, 2024

Stock Exchanges

Notification No. SEBI/LAD-NRO/GN/2024/171; Dated: 26.04.2024

SEBI has notified the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2024. A new regulation 38A has been inserted to the existing regulations. This regulation states that the activities of administration and supervision over specified intermediaries may be carried out by a recognised stock exchange with the approval of the Board on such terms and conditions as may be specified.

Click Here To Read The Full Notification

Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.