“Finally, after explaining the rules of Scra by @FilinMinindia and NSE, brokers can now support content approvements to support the content approvals in the internal content.
The government of May, the Security rules have changed (re-) rules to provide regulatory clarity and enhance the easy business for stock brokers. “Change provides regulatory explanation to develop the easy business making for brokers,” as financial ministry.
Through a circle released on May 16, the Ministry of Finance has recently changed a few rules about how investment in stockbrokers in their own money. The main point of change is that if a stockbroker invests in his or her own money, generally not regarded as part of their “recession business”
“It still provides investments that a member has made is not like business unless such investments have something to do with the creation of a clacher’s responsibility,” as explanation. The government has changed the rules by entering this provision of the rule of 8 of the contracts of Security (regulations), 1957.
This means they do not have to follow the same strict rules available in client-related transactions. More, there are exceptions to this rule. If The Investments Made by Stock Brokers Involve Client Money or client Securities, or if these investments create a financial risk for their brokerage firm, that is still being treated as part of their business that investments made by a member shall not be construed as business Except when such investments Involve client funds or client securities or relate to arrangements which are in the nature of creating a financial liability on the broker, “The Clarification said.
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