SEBI News

SEBI - Refund of Security Deposit by Trading Members

SEBI – Refund of Security Deposit by Trading Members: Key Highlights

 OVERVIEW
Securities and Exchange Board of India (SEBI) vide notification / Circular No. SEBI/HO/MIRSD/FCR/CIR/P/2021/01 issued and publishes dated 06th January, 2021, has published “Refund of Security Deposit” Section 11 (1) of the Securities and Exchange Board of India Act, 1992 read with Section 10 of the Securities Contract (Regulation) Act, 1956.
 The Circular is issued to :
• The Managing Director/Executive Director,
• All Stock Exchanges

 Aim and vision of this circular:
– to protect the interests of investors in securities, to promote the development of, and to regulate the securities market

 Previous Reference:
This is with reference to the letter MRD/DSA/OW/14347/4/2019 dated June 10, 2019 issued to NSE regarding refund of security deposit and arbitration mechanism after the surrender of membership of Trading Members.

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SEBI Settlement Scheme 2020 extended

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Current and Corporate Affairs as on 23 October 2020

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SEBI's proposal to sign Bilateral MoU between India and Luxembourg approved by Cabinet

SYSTEM DRIVEN DISCLOSURES UNDER REG. 7(2) OF SEBI (PIT) REGULATIONS, 2015

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SEBI's proposal to sign Bilateral MoU between India and Luxembourg approved by Cabinet

SEBIPROCEDURAL GUIDELINES FOR PROXY ADVISORS

Sebiprocedural guidelines for proxy advisors Securities Exchange Board of India (SEBI) vide CircularNo. SEBI/HO/IMD/DF1/CIR/P/2020/147dated 03rd August, 2020 issued in exercise of powers conferred by Section 11(1) of theSecurities and Exchange Board of India Act, 1992has come out with Procedural Guidelines for Proxy Advisorsto protect the interests of investors in securities and to promote the development […]