Archive for August, 2011
Aug-14th-2011
CIRCULAR CIR/DNPD/7/2011 August 10, 2011 Sub: Short-collection/Non-collection of client margins (Derivatives Segments) 1. In consultation with BSE, MCX-SX, NSE and USE, it has been decided that Stock Exchanges shall levy penalty specified hereunder on trading members for short-collection/non-collection of margins from clients in Equity and Currency Derivatives segments: For each member ‘a’ Per [...]
Aug-14th-2011
Chapter I: Introduction In the Annual Monetary Policy Statement for 2011-12, Governor, Dr.D.Subbarao indicated that: “Recognising the need for facilitating genuine foreign exchange transactions by individuals – Residents/Non-resident Indians (NRIs) and Persons of Indian Origin (PIOs) – under the current regulatory framework of FEMA, Reserve Bank has constituted a Committee under the Chairmanship of Smt. [...]
Aug-4th-2011
CIRCULAR CIR/MIRSD/15/2011 August 02, 2011 To All Recognized Stock Exchanges Dear Sir/Madam, Sub: SMS and E-mail alerts to investors by stock exchanges 1. SEBI receives complaints from investors against stock brokers which include alleged unauthorized trading in their accounts. SEBI has taken steps in the past to address this issue. 2. As an additional measure, [...]
