Disclosure of Complaints against the Stock Exchange

Disclosure of Complaints against the Stock Exchange(s) and the Clearing Corporation(s)

1. In order to bring about transparency in the Investor Grievance Redressal Mechanism, it has been decidedthat all the Stock Exchanges and the Clearing Corporations shall disclose on their websites, the data on complaints received against them and redressal thereof, latest by 7th of succeeding month,as per the format enclosedat Annexure-‘A’ to this circular.
   
2. These disclosure requirements are in addition to those already mandated by SEBI.
   
3. The provisions of this circular shall come into effect from January 01, 2022.
   
4. The Stock Exchangesand Clearing Corporationsare advised to:
   
   4.1.Make necessary amendments to the relevant bye-laws, rules and regulations.
   4.2.Communicate to SEBI, the status of the implementation of the provisions of this circular through the Monthly Development Report(MDR).
   
5. This circular is issued in exercise of the powers conferred under Section 11(1) of the Securities and Exchange Board of India Act 1992read with Section 10 of the Securities Contracts (Regulation) Act, 1956 to protect the interests of investors insecurities and to promote the development of, and to regulate the securities market
   
6. This circular is available on SEBI website at www.sebi.gov.in under the category “Circulars” and “Info for Commodity Derivatives”.

Annexure

Also Read: Circular on Mutual Funds by SEBI

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