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SEBI Issues Guidelines for Settlement of Running Accounts of Client Funds and Securities - (17 Jun 2021)

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Securities and Exchange Board of India has come out with new guidelines for settlement of running account of client's funds and securities that will be applicable from 1st August, 2021. Under the guidelines, retention of any amount towards administrative or operational difficulties in settling the accounts of regular trading clients (active clients), will be discontinued.

Tags : SECURITIES AND EXCHANGE BOARD OF INDIA   SETTLEMENT OF RUNNING ACCOUNTS  

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