The Securities and Exchange Board of India ( SEBI ) has decided to introduce a Settlement Scheme for 150 Stock Brokers, 2022 for Stock Brokers against whom enforcement proceedings have been approved/initiated and are pending for executing trades in Illiquid Stock Options at BSE. Such entities may avail the Scheme 2022 as per its terms and conditions.
The terms and conditions of the Scheme 2022 shall be available on the respective websites of SEBI and BSE on December 19, 2022.
The Scheme shall commence on December 19, 2022 and end on January 19, 2023 (both days inclusive) or such other date as approved by the Competent Authority.
The Securities and Exchange Board of India is the regulatory body for securities and commodity market in India under the ownership of Ministry of Finance within the Government of India.
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