SEBI has issued a Master Circular dated August 04, 2023, ...
SEBI revises guidelines for IPF & ISF for commodity derivatives segment, effective June 1, 2024. Exchanges to amend rules & notify members.
Circulars SEBI
May 31, 2024
SEBI has issued a Master Circular dated August 04, 2023, revising guidelines for the Investor Protection Fund (IPF) and Investor Services Fund (ISF) for stock exchanges with a commodity derivatives segment. Previous circulars have been rescinded. The new guidelines, effective June 01, 2024, include detailed provisions on the constitution, management, and utilization of IPF and ISF. Exchanges must amend their bye-laws, rules, and regulations accordingly and inform SEBI of their implementation status. This Circular is issued u/s 11(1) of the SEBI Act, 1992, to protect investors and regulate the securities market.
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