Circular regarding modification to Standard Operating Procedure in the cases of Trading Member / Clearing Member leading to default (dated – 27.05.2022) – SEBI.
View PdfCircular regarding modification to Standard Operating Procedure in the cases of Trading Member / Clearing Member leading to default (dated – 27.05.2022) – SEBI.
- Standard Operating Procedure enumerating the steps to be taken by the Stock Exchanges (“SEs”), Clearing Corporations (“CCs”) and Depositories in cases where SE / CC is of the view that Trading Member / Clearing Member is likely to default in repayment of funds or securities to its clients.