SEBI issued the Draft Circular for Margin obligations to be given by way of Pledge / re-pledge in the Depository system
Feb 13, 2025 | by TeamLease RegTech Legal Research Team
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The Securities and Exchange Board of India (SEBI) on February 12, 2025, issued the notification regarding the Draft Circular for Margin obligations to be given by way of Pledge / re-pledge in the Depository system.
The following has been stated namely: -
• Para 3 of the Master Circular for Stock Brokers dated August 09, 2024, has been amended with a view to facilitate ease of doing business as well as to safeguard the interest of investors.
• Draft circular on “Margin obligations to be given by way of Pledge/re-pledge in the Depository system” is placed in the Annexure
• Comments/suggestions should be submitted latest by March 04, 2025, as prescribed through the following link: - https://www.sebi.gov.in/sebiweb/publiccommentv2/PublicCommentAction.do?doPublicComments=yesI
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