Requirement of Fee Clearance and NOC – Non applicability in respect of certain category of members of stock exchanges

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..... g Directors of Stock Exchanges Dear Sir/s, Sub: Requirement of Fee Clearance and NOC Non applicability in respect of certain category of members of stock exchanges 1. In terms of clause 4 (e) of SEBI Circular No.SEBI/SMD/SE/Cir-24/2003/18/06 dated June 18, 2003 members of the stock exchanges are required to obtain NOC from SEBI through the respective stock exchanges before claiming .....

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..... ves and currency derivatives segments (ii) stock brokers in the cash segment who are covered under Schedule III A [payment of fees by stock brokers] of the SEBI (Stock Brokers and Sub-brokers) Regulations, 1992 and (iii) stock brokers in the cash segment who may migrate to Schedule III A [payment of fees by stock brokers] of the SEBI (Stock Brokers and Sub-brokers) Regulations, 1992 in futur .....

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..... on 11 (1) of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market and shall come into effect from the date of this Circular. Yours faithfully, V.S. SUNDARESAN - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India - taxman .....

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