Securities and Exchange Board of India (Stock Brokers) Regulations, 1992

Chapter: I
PRELIMINARY
Regulation 1	:	Short title and commencement
Regulation 2	:	Definitions
Chapter: II
REGISTRATION OF STOCK BROKERS
Regulation 3	:	Application for registration.
Regulation 4	:	Furnishing of information, clarification.
Regulation 5	:	Consideration of application for grant of registration.
Regulation 6	:	Procedure for registration.
Regulation 6A	:	Omitted
Regulation 7	:	Procedure where registration is not granted
Regulation 8	:	Payment of fees.
Regulation 9	:	Conditions of registration.
Regulation 10	:	Approval for operation in other stock exchange(s) or segment(s) of stock exchange.
Chapter: IIA
REGISTRATION OF CLEARING MEMBERS
Regulation 10A	:	Application for registration
Regulation 10B	:	Applicability of Chapter II
Regulation 10C	:	Payment of fees
Regulation 10D	:	Approval for operation in other clearing corporation(s) or segment(s) of clearing corporation
Regulation 10E	:	Clearing Corporation for commodity derivatives.
Regulation 10F	:	Application of Chapters IV, V & VI
Chapter: III
REGISTRATION OF SUB-BROKERS
Regulation 11	:	Omitted
Regulation 11A	:	Omitted
Regulation 12	:	Omitted
Regulation 12A	:	Omitted
Regulation 13	:	Omitted
Regulation 14	:	Omitted
Regulation 15	:	Omitted
Regulation 15A	:	Omitted
Regulation 16	:	Omitted
Regulation IIIA	:	Omitted
Chapter: IV
GENERAL OBLIGATIONS AND RESPONSIBILITIES
Regulation 17	:	To maintain proper books of account, records, etc.
Regulation 18	:	Maintenance of books of account and records.
Regulation 18A	:	Appointment of compliance officer
Regulation 18B	:	Omitted
Regulation 18C	:	Omitted
Regulation 18D	:	Enhanced obligations and responsibilities for qualified stock brokers
Chapter: IVA
INSTITUTIONAL MECHANISM FOR PREVENTION AND DETECTION OF FRAUD OR MARKET ABUSE
Regulation 18E	:	Definitions
Regulation 18F	:	Systems for surveillance of trading activities and internal controls
Regulation 18G	:	Obligations of the stock broker and its employees
Regulation 18H	:	Escalation and reporting mechanisms
Regulation 18I	:	Whistle blower policy
Chapter: V
PROCEDURE FOR INSPECTION
Regulation 19	:	Board’s right to inspect
Regulation 20	:	Procedure for inspection
Regulation 21	:	Obligations of stock-broker on inspection by the Board.
Regulation 22	:	Submission of report to the Board.
Regulation 23	:	Action on inspection or investigation report.
Regulation 24	:	Appointment of auditor.
Chapter: VI
PROCEDURE FOR ACTION IN CASE OF DEFAULT
Regulation 25	:	Liability for contravention of the Act, rules or the regulations
Regulation 26	:	Liability for monetary penalty
Regulation 27	:	Liability for action under the Securities and Exchange Board of India (Intermediaries) Regulations, 2008
Regulation 28	:	Liability for prosecution
Chapter: VIA
POWER TO RELAX STRICT ENFORCEMENT OF THE REGULATIONS
Regulation 28A	:	Exemption from enforcement of the regulations in special cases
Chapter: VII
MISCELLEANOUS
Regulation 29	:	Power to remove difficulties
Regulation 30	:	Power to specify procedures, etc. and issue clarifications
SCHEDULE
Schedule - I	:	Forms
Schedule - II	:	Code of Conduct for Stock Brokers
Schedule - III	:	Fees
Schedule - IIIA	:	Omitted
Schedule - IV	:	Omitted
Schedule - IVA	:	Omitted
Schedule - IVB	:	Omitted
Schedule - V	:	Payment of fees by Stock Brokers/ Clearing Members/ Self-Clearing Members
Schedule - VI	:	Networth and Deposit Requirements for Stock Brokers/ Clearing Members/ Self- Clearing Members