Centre tweaks provision to ease compliance for brokers
Published on: May 20, 2025, 3:18 a.m. | Source: Livemint
The government has amended Rule 8 of the Securities Contracts (Regulation) Rules, 1957 to clarify that any investments made by a member (broker) shall not be treated as business activity, unless such investments involve client funds or securities or result in a financial liability for the broker.
