Circular regarding modification to Standard Operating Procedure in the cases of Trading Member / Clearing Member leading to default (dated – 27.05.2022) – SEBI.

  • 30th, May 2022
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Circular 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.
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