Issue of Unique Client Code by Exchanges for Mutual Funds and FIIs

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s for Mutual Funds and FIIs This circular is being issued in exercise of powers conferred by section 11 (1) of the Securities and Exchange Board of India Act, 1992, read with section 10 of the Securities Contracts(regulation) Act 1956, to protect the interests of investors in securities and to promote the development of, and to regulate the securities market. Please refer to SEBI circular no. S .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... onths time to implement the system. Till such time the present practice of putting client IDs at the time of order entry in case of FIIs and mutual funds shall continue. The exchanges are directed to make necessary amendments to the bye-laws, rules and regulations for the implementation of the above decision immediately. The exchanges are directed to bring the provisions of this circular to th .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X