Market Intermediaries Must Not Share Real-time Price Data With Third Parties, Except for Regulatory Purposes | SEBI
- Blog|News|Company Law|
- < 1 minute
- By Taxmann
- |
- Last Updated on 28 May, 2024
Circular No. SEBI/HO/MRD/MRD-PoD-3/P/CIR/2024/56, Dated: 24.05.2024
The issue of sharing real-time price data with third parties, including various platforms, was deliberated in the Secondary Market Advisory Committee of SEBI. Now, SEBI has directed that stock exchanges, clearing corporations and, depositories & registered market intermediaries shall ensure that no real-time price data is shared, except where the sharing of such information is required for the orderly functioning of the securities market or for fulfilling regulatory requirements.
Click Here To Read The Full Circular
Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.