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What is Securities Contracts Regulation Act 1956 about?

This document outlines key sections of the Securities Contracts (Regulation) Act of 1956 in India, as amended in 2015. It defines important terms related to securities contracts and derivatives. Some key points: - It recognizes stock exchanges and grants them powers to make rules governing securities trading and members/brokers. - It prohibits options trading in securities and establishes penalties for misconduct like failure to segregate client funds. - New sections were added recognizing concepts li

Author

Rishi Sehgal

Language

EN