SEBI overhauls stockbroker rules after 30 years, eases compliance under new regulations
SEBI has revised its stockbroker regulations after 30 years to allow brokers to operate under other financial regulators, simplifying language and removing outdated provisions. The new rule also streamlines the structure and enhances clarity through amended definitions. Compliance and ease of doing business have been prioritized, with joint inspections and electronic bookkeeping now permitted.