 "Sebi")
The Securities and Exchange Board of India (Sebi) has extended the timeline for implementing the framework on client segregation and monitoring by about two months.
The new system, under which a broker will have to segregate collateral at client level, will come into effect from May 2.
"Sebi has received requests from various stakeholders to further extend the aforesaid timeline. It has been decided that provisions of the said circular shall come into force with effect from May 02, 2022," a note from the regulator said on Thursday.
The regulator had come out with a framework for segregation and monitoring
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