Sebi To Soon Put In Place Mechanism To Detect, Curb Frauds By Stock Brokers

BrunGa

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Sebi To Soon Put In Place Mechanism To Detect, Curb Frauds By Stock Brokers In a move aimed at mitigating the credit risk on intermediaries and the risk of potential misuse of clients' funds, Sebi's board has given its nod for introducing a regulatory framework on upstreaming of clients' funds by stock brokers and non-bank clearing members to clearing corporations.
 
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