Sebi Relaxes Settlement Norms for Dormant Accounts
Financial Express Mumbai|January 07, 2025
SEBI ON MONDAY said it has eased norms for the settlement of client funds in trading accounts that have remained inactive for 30 days.

The revised norms will be effective immediately and are part of the markets watchdog's ongoing efforts to simplify procedures for market participants while safeguarding investors' interests.

Under the revised guidelines, stock brokers are no longer required to identify inactive accounts daily and settle them within three working days, Sebi said in a circular.

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