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Sebi circular on margin: Brokers forum express concerns, to meet regulator on January 8

Updated : January 07, 2020 05:32 PM IST

The market regulator has mandated upfront collection of margin for buying and even selling of shares.
Brokers also feel that Sebi’s circular will have an adverse impact on the business models of relationship-based business.
Sebi's new circular will require daily reporting of margin collection and hefty penalties for mistakes.

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