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SEBI tightens norms to prevent misuse of client’s securities available with intermediaries

February 26, 2020
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In order to prevent misuse of securities, the Market Regulator, SEBI had consultations with Stock Exchange, Clearing Corporation and Depositories and industry representative of Trading Members, Depositories Participants to devise a framework that mitigates the risk of misappropriation or misuse of client’s securities available with intermediaries.

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