Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Fourth Amendment) Regulations, 2024.

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..... Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 , namely, 1. These regulations may be called the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Fourth Amendment) Regulations, 2024. 2. They shall come into force on the date of their publication in the Official Gazette. 3. In the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018, after Chapter VI and before Chapter VII , the following Chapter shall be inserted, namely, CHAPTER VIA RESTRICTION IN DEALING WITH UNREGULATED ENTITIES Restriction in having association with certain persons 44B. (1) No recognized stock exchange or recognized clearing corporation or their agent, shall hav .....

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..... activity as referred to in clause (i) or (ii) of sub-regulation (1). Explanation 3 . For the removal of doubts, it is clarified that the term another person in this regulation shall not include a person who is engaged in investor education, provided that such a person does not, directly or indirectly, indulge in any activity as referred to in clause (i) or (ii) of sub-regulation (1) without the necessary permission. 44C. The Board may, in case of violation of any of the provisions of regulation 44B, take such action as it may deem fit including action as provided under regulation 49. BABITHA RAYUDU, Executive Director [ADVT.-III/4/Exty./443/2024-25] Footnote: 1. The Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporatio .....

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..... ulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2023 vide No. SEBI/LAD-NRO/GN/2023/124. (i) 24th July, 2023, by the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Second Amendment) Regulations, 2023 vide No. SEBI/LAD-NRO/GN/2023/139. (j) 22nd August, 2023, by the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Third Amendment) Regulations, 2023 vide No. SEBI/LAD-NRO/GN/2023/148. (k) 26th April, 2024, by the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2024 vide No. SEBI/LAD-NRO/GN/2024/171. (l) 10th May, 2024, by the Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations .....

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