SEBI Exempts Small Brokers from Technical Glitch Framework, Extends Reporting Time
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SEBI Exempts Small Brokers from Technical Glitch Framework, Extends Reporting Time

SEBI has exempted stock brokers with fewer than 10,000 clients from its technical glitch framework, affecting approximately 60 brokers. The revised framework excludes glitches not directly impacting trading functionality or those with negligible effects. Reporting time for glitches has been extended from one to two hours, and brokers can now report issues on a common platform.

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