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Penalty provision for non-collection of upfront margin to be implemented w.e.f. Sept. 01, 2020: SEBI

August 8, 2020
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In view of the representations received from investors, TMs / CMs, stock broker associations, in this regard, following has been decided that the penalty provision for short-collection / non-collection of upfront margin in cash segment shall be implemented with effect from September 01, 2020.
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