Regulation 18A - Appointment of compliance officer - Securities and Exchange Board of India (Stock Brokers) Regulations, 1992

1 [Appointment of compliance officer. 18A. (1) Every stock broker shall appoint a compliance officer who shall be responsible for monitoring the compliance of the Act, rules and regulations, notifications, guidelines, instructions, etc., issued by the Board or the Central Government and for redressal of investors grievances. (2) The compliance officer shall immediately and independently report to the Board any non-compliance observed by him.] ************ NOTES:- 1 Inserted by the SEBI (Investment Advice by Intermediaries) (Amendment) Regulations, 2001, w.e.f. 29-05-2001.