RBI amended notification S.O. 2192(E) under Section 16 of ...
Government Securities Trading Rules Modified Under Section 16 to Control Speculation and Regulate Sale-Purchase Contracts
February 15, 2025
Notifications SEBI
RBI amended notification S.O. 2192(E) under Section 16 of Securities Contracts (Regulation) Act, 1956 regarding prevention of undesirable speculation in securities. The amendment modifies clause (A)(1) to regulate contracts for sale/purchase of Government Securities, gold related securities, and money market securities. Exemptions include spot delivery contracts, recognized stock exchange trades permitted under applicable rules, and specifically RBI-permitted contracts. The modification aims to strengthen regulatory oversight of securities trading while maintaining legitimate market operations. Amendment effective upon Official Gazette publication. This revision supersedes previous provisions while maintaining core regulatory framework for securities trading supervision.
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