SEBI – Upstreaming of clients’ funds by Stock Brokers (SBs) / Clearing Members (CMs) to Clearing Corporations (CCs)
Securities and Exchange Board of India Circular No. SEBI/HO/MIRSD/MIRSD-PoD-1/P/CIR/2023/84 Dated: June 08, 2023 To, Stock Brokers through recognized Stock Exchanges Depository Participants through recognized Depositories Clearing Members through recognized Clearing Corporations Dear Sir/Madam, Subject: Upstreaming of clients’ funds by Stock Brokers (SBs) / Clearing Members (CMs) to Clearing Corporations (CCs) 1. SEBI, through various circulars …