Sebi proposes sweeping clean-up of trading, margin and liquidity rules
MUMBAI: The Securities and Exchange Board of India (Sebi) on Friday proposed a sweeping clean-up of stock exchange regulations, aiming to eliminate redundancies, retire outdated provisions and improve ease of doing business for exchanges and market participants. As part of the overhaul, the market regulator has suggested raising the minimum net-worth requirement for stockbrokers offering…