News From Press Sebi relaxes margin trading norms following broker representations

Sebi relaxes margin trading norms following broker representations

Earlier if a trader wished to utilise his shares as margins, only a Power of Attorney (POA) to the broker was required

Mint Jul 30, 2020

The Securities and Exchange Board of India (Sebi) on Wednesday relaxed some provisions under its new margin trading norms. This comes after brokers sending five representations to market regulator and finance ministry highlighting the practical difficulties in implementing the new margin trading norms.

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