New Sebi rule from today: A ban that’s a boon in many ways https://ift.tt/vuqwM7F move of SEBI further increases the working capital requirement of stock brokers. This will only affect brokers who have the practice of pledging clients' funds to create BG for their own use and increase the leverage and risk exposure of clients. For brokers who have already fallen in line with the recent implementations of Segregated Margin Reporting and online client wise / segment wise allocation of client collaterals, this circular would only be of academic interest.
Monday, May 1, 2023
New Sebi rule from today: A ban that’s a boon in many ways
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