India, May 19 -- The Government of India issued the following news release:
The Department of Economic Affairs (DEA), Ministry of Finance, amended Rule 8 of the Securities Contracts (Regulation) Rules (SCRR), 1957, via Gazette Notification G.S.R. 318(E). The amendment gives regulatory clarity to enhance ease of doing business for brokers.
After taking note of the concerns raised by various stakeholders over certain provisions in the said Rules, the DEA had released a Consultation Paper in September, 2024,
The rest of the document can be viewed at https://www.pib.gov.in/PressReleasePage.aspx?PRID=2129667
Disclaimer: Curated by HT Syndication....