IPF Trust and Committees at Market Infrastructure Institutions (MIIs)

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..... ucture Institutions (MIIs) 1. This has reference to SEBI circulars dated June 07, 2016, February 23, 2017 and January 10, 2019, which, inter alia, provides norms on composition of IPF Trust, and functions and composition of committees at MIIs. Herein, it is clarified that: a. Norms for composition of IPF Trust, as provided in Clause 3(i)(4) of SEBI circular dated February 23, 20 .....

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..... n committee shall be read as Member committee . 3. This circular is being issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992, read with Section 10 of the Securities Contracts (Regulation) Act, 1956 and Section 19 of the Depositories Act, 1996 , to protect the interests of investors in securities market and to pr .....

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