Settlement guarantee fund of bourses to grow


The kitty of the settlement guarantee fund (SGF) with stock exchanges will grow further. This is on the back of a stipulation by the Securities and Exchange Board of India (Sebi) that SEs will have to transfer at least 25 per cent of their profits to the SGF.
http://www.business-standard.com/india/news/settlement-guarantee-fundbourses-to-grow/470040/

 

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