Sebi plans curbs on terminal misuse, graded compliance for market intermediaries
Reported by Times of India Business, not nibnow. We are not the publisher of this story, only the source is.
The regulatory changes aim to prevent the misuse of trading terminals and strengthen cybersecurity, which directly impacts the security and reliability of services provided to market investors.
In a proactive move, market regulator Sebi is rolling out initiatives to curb the misuse of brokers' trading terminals and bolster compliance efforts. The focus is also on enhancing cybersecurity while safely testing AI tools. Sebi's vision encompasses streamlining regulations, promoting responsible technology, fostering deeper market engagement, and ensuring broader access for investors, particularly in underrepresented smaller towns and villages, while urging brokers to assess client risks mor
Sebi is the statutory regulator responsible for overseeing and developing the securities market in India, ensuring investor protection and fair market practices among intermediaries like brokers.
- •Draft guidelines or official consultation papers released by Sebi regarding terminal misuse and compliance.
- •Reactions and compliance updates from stock brokers and market intermediaries.
- •Further announcements concerning the safe testing and integration of artificial intelligence tools in trading.