SMDRP/POLICY/CIR-55/00

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..... aging Director of all the Stock Exchanges Dear Sir/Madam, Pursuant to the recommendations made by the Secondary Market Advisory Committee of SEBI at its meeting held on November 28, 2000, the stock exchanges are directed to implement the following measures : 1. Abolition of No Delivery Period Further to our circular no. SMDRP/POLICY/CIR-15/2000 dated April 4 .....

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..... Vide circular SMDRP/POLICY/CIR-33/2000 dated July 27, 2000 all stock exchanges were required to modify their software within three months from the date of the circular, in such a way that client code becomes mandatory at the broker level. Some of the stock exchanges have complied with this directive. It has now been decided that the stock exchanges which do not implement this directive by Janu .....

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